Any unrealized gain or loss for the portfolio of available-for-sale securities is reported as a component of other comprehensive income.
Answer the following statement true (T) or false (F)
True
You might also like to view...
A program designed to build long term loyalty and bonds with customers through the use of a personal touch facilitated by technology is a customer relationship management (CRM) program
Indicate whether the statement is true or false
The Markham Division of World Corporation, which has income of $250,000 and an asset investment of $1,562,500, is studying an investment opportunity that will cost $450,000 and yield a profit of $67,500. Assuming that World uses an imputed interest charge of 14%, would the investment be attractive to:1-Divisional management if ROI is used to evaluate divisional performance?2-Divisional management if residual income (RI) is used to evaluate divisional performance?3-The management of Global Corporation? Attractive to Markham: ROIAttractive to Markham: RIAttractive to World Corp.A.YesYesYesB.YesNoNoC.YesNoYesD.NoYesYesE.NoYesNo
A. Choice A B. Choice B C. Choice C D. Choice D E. Choice E
An adjusting entry is completed ________
A) at the beginning of the accounting period B) at the end of the accounting period C) when the balance sheet is prepared D) when accounts need to be balanced in the ledger
Your need to repay a loan with a future value of $304,071.00 in 18.5 years. If you can make annual year-end deposits of $11,000 into an account, what annual rate of return would you require to earn enough money to pay the loan in full at the due date?
A) 7.92% B) 8.73% C) 4.16% D) 4.39%