Answer : D. Total assets will remain unchanged.
Explanation : when company will purchase investment ,it will pay cash for it. Then, investment (assets) will get increased and cash (assets) will get decreased.
Hence, there assets will remain unchanged.
19 of 41 (0 complete) This Test: 100 pts possibl This Question: 2 pts Dynamic Software,...
Leonard Technologies invests $68,000 to acquire $68,000 face value, 12%, five-year corporate bonds on December 31, 2014. The bonds will mature on December 31, 2019. The bonds pay interest semiannually on December 31 and June 30 every year until maturity. Assume Leonard Technologies uses a calendar year. Based on the information provided, which of the following will be included in the journal entry for the transaction on December 31, 2018? O A. a debit to Interest Revenue for $8,160 O...
Question 41 2 pts A software company is developing a new computer game. The manager wants to know what effect the frequency at which opponents are released by the computer has on the length of time players survive in the game. A large group of playtesters is available, most of whom already have some experience playing the new game, and each is randomly allocated to play the game with a different opponent release frequency Data was collected for the variables...
ll Business-US Identitying Borrowing Causes-Post-test Not Attempted -Attempted Bookmarked uses Question (6) A business reports investments on its balance sheet. The amount of long-term investments in corporate bonds has remained stable in dollars and has decreased from 4.5 percent of total assets to 4.0 percent during the past three years. Are these investments a likely borrowing cause for last year? No; the amount of investments has not changed slgnificantly, so they don't represent a borrowing cause Yes; investments are volatile...
Use the following information to answer questions 1 and 2. Riley's Corporation was organized on January 1, 2019. The firm was authorized to issue 100,000 shares of $5 par value common stock. During 2019, Riley had the following transactions relating to stockholdersâ equity: Issued 10,000 shares of common stock at $7 per share Issued 20,000 shares of common stock at $8 per share Reported a net income of $100,000 Declared and paid dividends of $50,000 Purchased 3,000 shares of treasury...
5 of 7 (0 complete) est its temporary excess cash in a brokerage account. The company had the following secur tab - X More Info ate Purchased 2,000 shares in Ackton Outdoor Adventure Company for $9 per share. Tree Top does not have significant influence over July Ackton. Purchased 40% of the stock of Bear Backpacks consisting of 40,000 shares of stock (out of a total of 100,000 shares) for $3 per share. Tree Top does have significant influence over...
QUESTION 2 (30 marks) Ellesmere Limited entered into the following transactions during the year ended 31 December 20X3 (1) Entered into a speculative interest rate option costing N$ 10 000 on 1 January 20X3 to borrow N$ 6 000 000 from AB Bank commencing 31 March 20X5 for 6 months at 4%. The value of the option was N$ 15 250 (2) Purchased 6% debentures in FG Limited on 1 January 20X3 (their issue date for N$ 150 000 as...
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need solutions of question 2,3 and 4.
1. 151 The graphic below shows actual inflation (this is labeled "headline inflation" in the chart) and inflation targets for a number of countries in 2014 September 2014 or latest Senden! South Korea United States Australia Japan India Using only information in the chart and frameworks developed in this class (ie,not subsequent events), please answer the following questions a. [5 points] At the time of the chart, which monetary policy would you...
Refer to the following financial statements
and answer the following questions
hints:-
13. cash provided (used) by operating activities, investing
activities, and financing activities. 14. cash-based net income.
15. estimate of uncollectible accounts receivable. 16. calculate
and interpret accounts receivable ratio (most recent and prior
period).
hints:-
2:12 PM Wed Apr 15 39%). A 51.04cdn.com PART II NIKE, Inc. Consolidated Statements of Income in mWors, except per share data) Revenues Cost of sales Gross profit Demand creation expense Operating overhead...
Ch 1 1. Given the following dat Dec 31 Year 2 Dec 31 Year 1 Total liabilities S128,250 $120,000 Total stockholders oquity 95.000 80.000 compute the ratio of liabilities to stockholders' equity for each year Round to two decimal places 1.50 and 107, 11.35 and 1.50 respectively respectively 1.07 and 1.19. 1.1.19 and 1.35 respectively respectively The liabilities and stockholder's equity of a company are $132,000 and $244.000, respectively. Assets should equal SS188.00 $132.00 p $376,00 12.000 A financial statement...
1. When it comes to financial matters, the views of Aristotle can be stated as: a. usury is nature’s way of helping each other. b. the fact that money is barren makes it the ideal medium of exchange. c. charging interest is immoral because money is not productive. d. when you lend money, it grows more money. e. interest is too high if it can’t be paid back. 2. Since 2008, when the monetary base was about $800 billion,...