User Account

All Pages

What should crane report on its 2018 income statement

Assignment Help Financial Management
Reference no: EM132326456

Question

On its December 31, 2017, balance sheet, Crane Company reported its investment in equity securities, which had cost $590000, at fair value of $552000. At December 31, 2018, the fair value of the securities was $576000. What should Crane report on its 2018 income statement as a result of the increase in fair value of the investments in 2018?

Reference no: EM132326456

Questions Cloud

Developing the key elements of a business plan : What are the necessities of short term and long term forcasting for developing the key elements of a business plan? List any sources
Development of emotional intelligence : Explain how can I promote the development of emotional intelligence in others in the workplace including how you have:
How should the amounts related to the carryback be reported : Tanner, Inc. incurred a financial and taxable loss for 2018. Tanner therefore decided to use the carryback provisions as it had been profitable up to this year.
Important at dell because it demonstrates : You might think financial control is the province of top managers, that employees lower in the organization don't need to worry about the numbers
What should crane report on its 2018 income statement : What should Crane report on its 2018 income statement as a result of the increase in fair value of the investments in 2018?
Principal value of a vision and mission statement : Explain in depth the principal value of a vision and mission statement. Why it is important for mission statement to be "reconciliatory"?
Review chesbrough''s principles of open innovation : Review Chesbrough's Principles of Open Innovation. Pick three out of his six principles of open innovation.
Strategic plan to internal and external parties : What is the best way to communicate a strategic plan to internal and external parties?
Capacity decisions are critical to an organization success : Capacity decisions are critical to an organization's success because they commit significant resources to assets that usually cannot be changed easily

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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