Trading securities appear as current assets on the balance sheet at their historical cost regardless of subsequent increases or decreases in market value

Indicate whether the statement is true or false


False

Business

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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.

Business

What external factors affect the pricing decisions made by organizations?

What will be an ideal response?

Business

In a complex sales force structure, salespeople can be specialized by customer and territory; product and territory; product and customer; or territory, product, and customer

Indicate whether the statement is true or false

Business

Which of the following is true of a dysphemism??

A) ?It makes an idea seem negative or disrespectful. B) ?It is a kind word substituted for one that may offend. C) ?It helps build and protect goodwill. D) ?It is also known as corporate speak.

Business