subject
Business, 17.04.2020 21:14 esmelopez1015

Valet Corporation began operations in 2018. An analysis of Valet’s debt securities portfolio acquired in 2018 shows the following totals at December 31, 2018 for trading and available-for-sale debt securities:

Trading Available-for-Sale
Securities Securities
Aggregate cost $180,000 $220,000
Aggregate fair value 160,000 190,000

What amount should Valet report in its 2018 income statement for unrealized holding loss?

a. $50,000.
b. $10,000.
c. $30,000.
d. $20,000.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 16:30
Which of the following is the least effective way to reach a potential sales prospect? referral cold call direct mail personal visit
Answers: 3
question
Business, 23.06.2019 01:50
Mart's boutique has sales of $820,000 and costs of $540,000. interest expense is $36,000 and depreciation is $59,000. the tax rate is 21 percent. what is the net income? $146,150 221,200 105,000 139,050
Answers: 3
question
Business, 23.06.2019 10:10
Burnley and co., a graphic design firm, has offices in new york, texas, california, new mexico, and new jersey. each of these offices is headed by a president who reports directly to emma burnley, the ceo. the heads of the centralized hr, finance, and marketing teams report to emma burnley as well. managers in the various offices also report to the ceo directly. based on this information, which of the following statements is most likely to be true? a) emma burnley has a wide span of control. b) burnley and co. has a tall hierarchical structure. c) emma burnley is underworked. d) burnley and co. is a mechanistic organization.
Answers: 3
question
Business, 23.06.2019 11:30
Cesar had a part-time job last year. he worked every week for the year and made $23 an hour. he worked 28 hours each week. cesar saved what was left of his earnings after paying all of his monthly expenses. at the end of the year, he had saved $3,360. what were cesar’s average monthly expenses, rounded to the nearest dollar?
Answers: 2
You know the right answer?
Valet Corporation began operations in 2018. An analysis of Valet’s debt securities portfolio acquire...
Questions
question
Engineering, 16.07.2021 17:50
question
Mathematics, 16.07.2021 17:50
Questions on the website: 13722360