Pronghorn Company invests $ 2,990,000 in 6% fixed rate corporate bonds on January 1, 2020. All the bonds are classified as available-for-sale and are purchased at par. At year-end, market interest rates have declined, and the fair value of the bonds is now $ 3,109,000. Prepare journal entries for Pronghorn Company to (a) record the change in fair value at 12/31/20, assuming Pronghorn does not elect the fair value option; (b) record the transactions related to these bonds in 2020, assuming that Pronghorn Company elects the fair option to account for these bonds

Acompany manufactures x units of product a and y units of product b, on two machines, i and ii. it has been determined that the company will realize a profit of $3 on each unit of product a and $4 on each unit of product b. to manufacture a unit of product a requires 7 min on machine i and 5 min on machine ii. to manufacture a unit of product b requires 8 min on mchine i and 5 min on machine ii. there are 175 min available on machine i and 125 min available on machine ii in each work shift. how many units of a product should be produced in each shift to maximize the company's profit p?