User Account

All Pages

What amount should fox report as trading securities

Assignment Help Accounting Basics
Reference no: EM132711986

Question - Close to year-end, Fox Co. bought several investments with the intent of selling them in the very near term. The investments consisted of $100,000, 8%, five-year bonds, purchased for $105,000, and equity securities purchased for $85,000. At year-end, the bonds were selling on the open market for $102,000 and the equity securities had a market value of $93,000. What amount should Fox report as trading securities in its year-end balance sheet?

a. $198,000

b. $190,000

c. $195,000

d. $185,000

Reference no: EM132711986

Questions Cloud

Access and specialized patient records : You are the director of health information services in a major medical center that maintains both a psychiatric and substance abuse units
Discuss trends relevant to the organisation : Manage innovation and continuous improvement - Analyse the three key systems and processes and develop the elements of your review strategy
Describe total cost of ownership : Define and describe total cost of ownership. Define and describe economies of scale and provide a cloud-based example.
Explain determinants of quality : Explain Determinants of Quality List down expected questions of process re engineering
What amount should fox report as trading securities : The investments consisted of $100,000, 8%, five-year bonds, purchased for $105,000, What amount should Fox report as trading securities
Would crisis management literature suggest : Would crisis management literature suggest one approach is better than the other?
Describe the important elements outside the organization : In our Week 7 reading we are introduced to elements outside our organization: the environment around us. Emma chuckles and says it's not as though you don't.
List the steps in setting up a grinder : List the steps in setting up a grinder and grinding beans for the preparation of espresso coffee.
Analyze the business-level strategies for the corporation : Find the corporate-level strategy you think is most important to the long-term success of the firm and whether or not you judge this to be a good choice.

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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