While a television news reporter might state that "today the fed raised the federal funds rate from 1 percent to 1.25 percent," a more precise account of the fed's action would be as follows: ?
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Ответ:
Ответ:
$90,000
Explanation:
The Trading securities are considered as cash equivalent item and recorded as current assets in the balance sheet, because of its short maturity period. The market value of securities should be reported on the balance sheet as on the year end. So, $90,000 is the appropriate answer for this question.