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Problem - A Company had various equity investments transactions during 2018 and 2019. The acquisition cost of all the securities in its portfolio during 2018 was P 532,000. At December 31, 2018 and December 31, 2019, the market value of these equity investments were P 541,000 and P 512,000 Respectively. In 2020, half of these securities are sold for P 275,000. Market value of all the equity investments as of December 31, 2020 is P 560,000.
Assuming no other transactions are noted regarding these financial assets and they are classified at fair value through profit or loss, what is the amount of unrealized gain or loss reported in the 2019 income statement relating to these securities?
A project will require an initial investment of $600,000. What is the project's payback period
Read the case and watch the videos about the ZZZZ Best Company and Barry Minkow in the Content area. After reviewing all the material, answer the following issues. What was the fraud ZZZZ Best was committing, and how did they get away with it?
at the beginning of april warren corporations assets totaled 247000 and liabilities totaled 67000. during april the
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Dexter had a 12%, 5-year, $3 million note payable and a 10%, 10-year, $1.8 million note payable outstanding all year. Calculate weighted average interest rate
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Access the "Litigation" section of the SEC's website at www.sec.gov/litigation.shtml. Click on "Accounting and Auditing Enforcement Releases." Click on "AAER-3234" filed January 20, 2011. Read the release and the related SEC Complaint. Summarize t..
conan obrien logging and lumber company owns 3300 acres of timberland on the north side of mount leno which was
do some research and find an article that discusses financing with stock. based on the article determine what type of
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caballero manufacturing incurs unit costs of 15 10 variable and 5 fixed in making a sub-assembly part for its finished
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