Why did they sell it for so much less than it was worth

Assignment Help Accounting Basics
Reference no: EM133135292

Question - Even though the "garage band hedge fund" had SWAPs worth 210 million dollars they ended up selling their position for $90 million. Why did they sell it for so much less than it was worth?

Reference no: EM133135292

Questions Cloud

How much is the total sales : Operating expenses for the year is 20% of sales and 50% of cost of sales. Other expenses were 5% of sales. How much is the total sales
Describe three key functions of public health : Describe three key functions of public health. Define the following terms: incidence, morbidity, mortality rates, prevalence, relative risk and risk.
Outline the key decisions made from the beginning : Sales at a large telecommunications company were down for the third quarter. Management reviewed several strategies to improve sales and concluded that one solu
Determine the total cost of each production department : Using the direct method of support department cost allocation, determine the total cost of each production department after allocating all support costs
Why did they sell it for so much less than it was worth : Even though the "garage band hedge fund" had SWAPs worth 210 million dollars, Why did they sell it for so much less than it was worth
Conduct a performance appraisal : When is the best time to conduct a performance appraisal? Why?
How would that affect its net income : Viera Industries has net sales of $200,000, accounts receivable of $18,500, How would that affect its net income
Legislation on employers and employees rights : Evaluate the impact of legislation on employers' and employees' rights, privileges and obligations.
How you intend to move toward representative ability : Set up a report on how you intend to move toward representative ability advancement, worker achievement, maintenance, and the representative experience issues w

Reviews

Write a Review

Accounting Basics Questions & Answers

  Find what amount should be recognized as impairment loss

Connery Company acquired equipment on January 1, 2019 for P10,000,000. What amount should be recognized as impairment loss for 2020?

  By how much will each division income increase

The two divisions have recently negotiated a transfer price of $22 per unit for 30,000 units. By how much will each division's income increase as a result

  The difference between the standard rate and actual rate

The labor rate variance is equal to the difference between the standard rate and actual rate, multiplied times the standard hours worked. Variance analysis for overhead is split between variances related to variable overhead and variances related ..

  What is the company projected cost of goods sold

Sparky's forecasts that sales will grow by 25% in 2013, Given the information provided about Sparky, what is the company's 2013 projected cost of goods sold

  Explain and justify the difference between the treatment

explain and justify the difference between the treatment of estimated uncollectible taxes in fund accounting and the

  Acting on a tip from the local police

illegal Aliens. Nicole Tipton and Sadik Seferi owned and operated a restaurant in Iowa. Acting on a tip from the local police, agents of Immigration and Customs Enforcement executed search warrants at the restaurant and at an apartment where some ..

  How should the firm account for both plans

The firm promises to repurchase the grant at the greater of either $5 per share or the market price of the shares, How should the firm account for both plans

  Managerial accounting involves planning and organizing

Managerial accounting involves planning, organizing, and controlling. Explain these activities and then explain why these phases are referred to as a continuous

  What amount should have been shown for equity in subsidiary

Paid dividends of $950,000. On the consolidated financial statements for 2020, what amount should have been shown for the equity in subsidiary earnings?

  An aircraft is spotted by two observers who are 1800 feet

an aircraft is spotted by two observers who are 1800 feet ago. as the airplane passes over the line joining them each

  Compute the variable overhead rate variance for september

Compute the variable overhead rate variance for September. Compute the variable overhead efficiency variance for September.

  How many different sound systems can he? advertise

The store carries 9 different CD? players, 8 different? receivers, and 10 different speakers. How many different sound systems can he? advertise

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!

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