For which type of investments would unrealized increases and decreases be recorded directly in an owners' equity account?
a. Equity method securities
b. Available-for-sale securities
c. Trading securities
d. Held-to-maturity securities
e. None of these answer choices is correct.
B
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Indicate whether the statement is true or false
Jackson Plumbing Services earned $500 by completing a job for Smith Company. The $500 earned by Jackson Plumbing Services is its ________
A) revenue B) equity C) gain D) debt
If we were to select the appropriate discount rate for a project, this rate would reflect ________
A) the risk-free rate for the currency picked for the project B) the inflation rate for the currency not picked for the project C) the default premium for the currency picked for the project D) the inflation rate for the currency picked for the project