subject
Business, 15.04.2020 02:34 novarosell

Midtown Church received a donation of marketable equity securities from a church member. The securities had appreciated in value after they were purchased by the donor, and they continued to appreciate through the end of Midtown's fiscal year. At what amount should Midtown report its investment in marketable equity securities in its year-end balance sheet? Group of answer choices Market value at the balance sheet date. Donor's cost. Market value at the date of receipt. Market value at either the date of receipt or the balance-sheet date.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 09:00
Asap describe three different expenses associated with restaurants. choose one of these expenses, and discuss how a manager could handle this expense.
Answers: 1
question
Business, 22.06.2019 20:00
Assume the perpetual inventory method is used. 1) the company purchased $12,500 of merchandise on account under terms 2/10, n/30. 2) the company returned $1,200 of merchandise to the supplier before payment was made. 3) the liability was paid within the discount period. 4) all of the merchandise purchased was sold for $18,800 cash. what effect will the return of merchandise to the supplier have on the accounting equation?
Answers: 2
question
Business, 23.06.2019 03:20
Bathlinks corporation has a debt to assets ratio of 73%. this tells the user of bathlinks’s financial statements that a. bathlinks is getting a 27% return on its assets. b. there is a risk that bathlinks cannot pay its debts as they come due. c. 73% of the assets are financed by the stockholders. d. based on this measure, the user should not invest in bathlinks.
Answers: 3
question
Business, 23.06.2019 23:00
What is marginal costs and benefits might a tour boat operator consider when deciding whether to purchase a new boat?
Answers: 2
You know the right answer?
Midtown Church received a donation of marketable equity securities from a church member. The securit...
Questions
question
Mathematics, 16.09.2019 22:50
Questions on the website: 13722367