A balance sheet account that is usually reported at fair value is
A. Marketable Securities.
B. Land.
C. Accounts Payable.
D. Inventory.
Answer: A
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Dusty is six credits away from completing his bachelor’s degree in an online program. In his current online class, he is the one who starts the majority of threads on the discussion boards. Also, other students frequently send him e- mails asking his opinion about the best way to complete assignments. Dusty has the network role of a ______.
A. gatekeeper B. bridge C. liaison D. star
All corporations issue
a. common stock. b. preferred stock. c. treasury stock. d. convertible stock. e. putable stock.
Which of the following statements about capital budgeting analyses is correct?
A. The externalities associated with a project represent important marginal cash flows that should be included in the capital budgeting analysis. B. Only incremental cash flows, which are the cash flows that will change if a project is purchased, should be included in capital budgeting analyses. C. The term incremental cash flows refers to only the marginal expected cash inflows, not the outflows, associated with a capital budgeting project. D. Sunk costs often affect accept/reject decisions and, therefore, they should be included in the estimation of the projects' incremental cash flows. E. A project's opportunity cost does not affect its expected cash flows, and, therefore, should not be included in the estimation of the incremental cash flows.
JT purchases 1,000 shares of stock at $2.48 per share in January 2006. He sells the 1,000 shares in
January 2010 for $5.50 per share. What is his internal rate of return? A) 22.03% B) 2.03% C) 3.22% D) 2.33%