juliagearhart9p229te
24.01.2020 •
Business
Smith buys and sells securities. on december 15, 2018, smith purchased $523,000 of jones shares and elected the fair value option to account for the jones investment. as of december 31, 2018, the jones shares had a fair value of $579,000. in the 2018 financial statements, smith will report (ignore taxes): multiple choicea. an investment in jones of $523,000.b. investment income of $56,000 in its income statement.c. accumulated other comprehensive income of $579,000.d. other comprehensive income of $56,000.
Solved
Show answers
More tips
- S Science and Technology The Metric System in Our Daily Life: Understanding Its Importance...
- H Health and Medicine Angina: Causes, Symptoms, and Treatment...
- C Computers and Internet How to Learn to Type Fast?...
- F Food and Cooking Delight for Gourmets: How to Prepare Liver Pate...
- S Style and Beauty How to braid friendship bracelets?...
- H Health and Medicine Mercury Thermometer Danger: What to do when a thermometer breaks?...
- F Food and Cooking Which Calamari Salad is the Most Delicious?...
- S Society and Politics 10 Tips for Boosting Your Self-Esteem...
- F Food and Cooking The Most Delicious and Simple Fish in Batter Recipe...
- H Health and Medicine What is Autism? Understanding the Basics of This Neurodevelopmental Disorder...
Answers on questions: Business
- B Business The following transactions were completed by Winklevoss Inc., whose fiscal year is the calendar year: Year 1 July 1 Issued $74,000,000 of 20-year, 11% callable bonds...
- M Mathematics Combine like terms. y+3+2(y + 3) = Please i need this for now...
- H History 20 POINTS! Which is a characteristic of Hinduism? a belief in only one god, expressed as a single spirit called brahman a belief in many gods and more than one path to...
- M Mathematics 39 cars on 3 street= cars on 1 street...
- M Mathematics This is not a math question but i have no one else to ask but what do i do if my mom beats me? plz help...
- H History What were the factors that resulted in West African Kingdoms’ control of trade routes?...
- G German How do i get more pionts this is my ex ex ex...
- E English Multiple claims are contributing to this A speech B conflict C discovery D trade...
- B Biology What are the main urinary organs? bladder kidneys ureters...
- M Mathematics TANGENT CIRCLES TIME LIMIT...
Ответ:
the amount that need to be saved each year in order to recover the investment is $858,770
Explanation:
The computation of the amount saved each year is shown below:
= Costing of the new process × (A/P, 15%, 6)
= $3,250,000 × 0.26424
= $858,770
hence, the amount that need to be saved each year in order to recover the investment is $858,770