Adjusting entry to reflect any necessary fair value

Assignment Help Accounting Basics
Reference no: EM13896089

1.Prescrip Co. began operations in 2012. The cost and fair values for its long term investments portfolio in available for sale securities are shown below. Prepare Prescrip's December 31, 2013, adjusting entry to reflect any necessary fair value adjustment for theseinvestments.

312_267-B-A-I (3799).png

Reference no: EM13896089

Questions Cloud

Write a program in java that uses a method called quadrant : JAVA) write a program IN JAVA that uses a method called quadrant that accepts as parameters a pair of double values representing an (x, y) point and returns the quadrant number for that point. Recall that quadrants are numbered as integers from 1 to ..
Market interest rate currently-what is market price of bond : You buy a 3-year, 10% coupon bond with face value $1000 today. The market interest rate currently is 10% also. What is the market price of the bond today?
What is the meaning of pure and mixed bundling : What is the meaning of pure and mixed bundling? Give a real-world example for each practice. What is the intuition that bundling (pure or mixed) can increase profits compared to separate selling?
What is the expected value and standard deviation : A manufacturing process produces on the average two defective items per hour. What is the probability that after a defective item: One hour will pass before the next defective item and One-half hour will pass?
Adjusting entry to reflect any necessary fair value : Prepare Prescrip's December 31, 2013, adjusting entry to reflect any necessary fair value adjustment for theseinvestments.
What happens if a firm can set individualized prices : Why would a monopolist deviate from uniform pricing and set non-constant prices? And what selling policies may it choose? What happens if a firm can set individualized prices depending on previous purchases?
What were some of the limitations of the study? : What were some of the limitations of the study? How would the limitations affect the results?
Write a program that takes input of names from user : Write a program that takes input of names from user. Print total names number and all names. NOTE: Solve this problem using ArrayList and Enhanced For Loop. Typical run of the program:Enter a name: (Q to exit)
Treating patient with congestive heart failure with tplex : Treating a patient with congestive heart failure with tPlex rather than is other increases average life expectancy to 12.3 years from 11.5 years. The added cost of therapy is $14,000. What is the cost per life year? Should you choose tPlex or is othe..

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd