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On January 1, 2020, Pina Colada Corp. had cash and common shares of $80,000. At that date, the company had no other asset, liability, or shareholders' equity balances. On January 2, 2020, Pina Colada Corp. paid $60,000 cash for equity securities that it designated as fair value through other comprehensive income (FV-OCI) investments. During the year, Pina Colada Corp. received non-taxable cash dividends of $27,000 and had an unrealized holding gain of $25,000 (net of tax) on these securities.
Problem 1: Determine the following amounts for 2020:
(a) Net Income / (Loss)(b) Other Comprehensive Income(c) Comprehensive Income$(d) Accumulated Other Comprehensive Income (as at the end of 2020)
The motion picture industry is a competitive business. More than 50 studios produce a total of 300 to 400 new motion pictures each year, and the financial success of each motion picture varies considerably.
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In your own words, what are the benefits of a decision tree plan that displays decision alternatives? As it is, there are expected values of decision alternatives As I understand it, it is beneficial for decision analysis problems.
a machine costing 257500 with a four-year life and an estimated 20000 salvage value is installed in luther companys
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