The graying population of the developed countries will have no impact on the global markets
Indicate whether the statement is true or false
FALSE
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Palmon Industries owns an investment that experienced a decline during 2019 that has been judged to be "other than temporary". The investment is held in Palmon's available-for-sale debt securities portfolio, and Palmon expects to sell the impaired security before recovery of its amortized cost basis less current-period credit loss. The debt security was purchased in March 2018 at a cost of $460,000. At the end of 2018, the fair value of the investment was $520,000 and its amortized cost basis was $454,000. At the end of 2019, the fair value of the investment is $410,000 and its amortized cost is $448,000. What amount of loss will Palmon Industries report on its income statement for the year ending December 31, 2019 related to this investment?
A. an unrealized loss of $44,000. B. an unrealized loss of $50,000. C. an unrealized loss $110,000. D. an unrealized loss of $38,000.
The entity that signs the promissory note and promises to pay the required amount is the ________.
A) maker of the note B) banker of the note C) holder of the note D) payee of the note
What was one major contribution made by public relations counselor Harold Burson?
A) He emphasized marketing-oriented public relations. B) He stressed that the customer is always right. C) He advocated for diverse community members to be heard. D) He founded the Public Relations Society of America (PRSA).
The following events occurred last year for the Cronin Company: Purchase of treasury stock 30,000 Issuance of common stock 50,000 Payment of dividends to common stockholders 15,000 Sale of equipment 10,000 Considering just the above transactions, the net cash flows from financing activities on the statement of cash flows was:
A) $20,000. B) $5,000. C) $15,000. D) $25,000.