Hendricks corporation purchased trading investment bonds for $50,000 at par. at december 31, hendricks received annual interest of $2,000, and the fair value of the bonds was $47,400.prepare hendricks' journal entries for (a) the purchase of the investment, (b) the interest received, and (c) the fair value adjustment. (assume a zero balance in the fair value adjustment account.)

What are six resources for you decide which type of business to start and how to start it?

An object that is clicked on and takes the presentation to a new targeted file is done through a

Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.