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Question - On January 1 st, 2020, a mutual fund raised $45,000 by issuing 1,000 shares. On January 5 th, 2020, the fund bought 70 shares of IBM @ $120, 210 shares of Apple @ $143 and 417 shares of AMD @ $10. On December 31 st, 2020, IBM, Apple, and AMD stock prices were $122, $105, and $20, respectively. There was a 10-for-7 stock split in Apple stock on September 15 th, 2020. The fund borrowed $2,000 on December 21 st, 2020 from a bank to meet withdrawal requirement. What is the NAV per share on December 31 st, 2020?
Prepare journal entries to reflect the revaluation of the asset and the subsequent depreciation of the revalued asset
Explain the difference between voluntary and involuntary turnover in hrm and discuss how you would manage them.What is succession planning and explain the 9-Box
Melvin Motor Sales exchanged a car from its inventory for a computer to be used as a noncurrent operating asset. How much profit should Melvin recognize
Assuming that Little uses the straight-line method of amortization and that the bonds are appropriately classified as available-for-sale, what would the net carrying value of the bonds be shown as on Little's December 31, 2007, balance sheet?
Prepare a paper explaining the following to the Erbs.- The different types of local, state, and federal taxes they pay, and why they are each important.- The basic standards for taxes.-
Effective financial reporting depends on sound ethical behavior. Financial scandals in accounting and the businesses world have resulted in legislation.
What type of goals should be the entirety of the accompanying with the exception of a. quantifiable and What is the purpose of the worker s organization
Identify two control weaknesses in the payroll process, addressing the implication each weakness has on VBBC
the phoenix brick yard completed the following transactions. accounts receivable are valued using the allowance
If your company expects to pay a dividend equal to $1.06 per share at the end of the year, what is the value of your firm's stock
Calculate the balance in the Interest Receivable and Notes Receivable accounts at September 30, 2021
Does this situation represent a loss contingency? Why or why not? How should Cupola account for it?
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