subject
Business, 14.06.2021 16:10 vanessa791

A company failed to record unrealized gains of $24 million on its available for sale debt security investments. Its tax rate is 25%. As a result of this error, comprehensive income would be: a) Understated by $20.80 million
b) Overstated by $11.20million
c) Understated by $32.00 million
d) Unaffected

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 08:00, lizisapenguin
Why do police officers get paid less than professional baseball players?
Answers: 2
image
Business, 22.06.2019 11:10, jordanbyrd33
Robert black, regional manager for ford in texas and oklahoma, faced a dilemma. the ford f-150 pickup truck was the best-selling pickup ever, yet ford's headquarters in detroit had decided to introduce a completely redesigned f-150. how could mr. black sell both trucks at the same time? he still had "old" f-150s in stock. in his advertising, mr. black referred to the new f-150s as follows: "not a better f-150. just the only truck good enough to be the next f-150." this statement represents ford's of the new f-150.
Answers: 2
image
Business, 22.06.2019 20:50, arturocarmena10
Which of the following is an example of a monetary policy? a. the government requires credit card companies to protect customers' privacy. b. the government restricts the amount of money that banks can lend. c. the government lowers taxes and increases spending. d. the government pays for repairing damage from a natural disaster.
Answers: 1
image
Business, 22.06.2019 22:30, chad65
Which of the following situations is most likely to change a buyer's market into a seller's market? a. a natural disaster that drives away a lot of the population. b. the price of building materials suddenly going up. c. the government buys up a lot of houses to build a new freeway. d. a factory laying off a lot of workers in the area.
Answers: 1
You know the right answer?
A company failed to record unrealized gains of $24 million on its available for sale debt security i...

Questions in other subjects:

Konu
Social Studies, 29.11.2021 06:40
Konu
Mathematics, 29.11.2021 06:40
Konu
Mathematics, 29.11.2021 06:40