User Account

All Pages

What will be the total net Realized Gain or Loss

Assignment Help Accounting Basics
Reference no: EM132598147

Question - At 12/31/2019, Frisco Corp. had the following debt securities that were purchased during 2019, its first year of operation:

Cost Fair Value

Trading Securities:

Security A $100,000 $ 80,000

Available-for-Sale Securities:

Security Y $ 70,000 $ 75,000

During 2020, Frisco sold Security A for $70,000 and Security Y for $80,000. What will be the total net Realized Gain or Loss included in 2020 Net Income?

a. $15,000 loss

b. $20,000 loss

c. $25,000 loss

d. $30,000 loss

e. $5,000 loss

Reference no: EM132598147

Questions Cloud

Compute beginning finished goods inventory : How Compute beginning finished goods inventory. Compute actual factory overhead incurred. Compute beginning direct materials inventory.
Find the cost of this long-term investment in bonds : Accrued interest for three months was $10,000, and brokerage fees were $2,000. Find the cost of this long-term investment in bonds
Explain the delta airlines political and legal environments : Explain the Delta Airlines political and legal environments from its domestic country. What barriers do you notice?
Discuss your feelings on their unethical behavior : Discuss your feelings on their unethical behavior. Could you see the justification for it? Was it something you could do? Or was it unforgivable?
What will be the total net Realized Gain or Loss : During 2020, Frisco sold Security A for $70,000 and Security Y for $80,000. What will be the total net Realized Gain or Loss included in 2020 Net Income
What ratio of a financial statements can be used : What Ratio of a financial statements can be used. Explain which financial ratios would be applicable to a company and which would not.
Develop supporting human resource plan : For this scholarly activity, develop a supporting human resource (HR) plan for an organizational strategy.
What was Demo Net Income : On 1/1/21, Vitale Co. invested $1,000,000 in Demo Co. for 25% of its outstanding stock. What was Demo's 2021 Net Income
Evaluate performance of organization or department : Evaluate the performance of your organization or department. Evaluate the stakeholders involved and discuss how they will be affected by your change initiative.

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