subject
Business, 26.10.2021 20:30 Demondevilg

A local government began the year with a portfolio of securities with an historical cost of $1,200 and a fair value of $1,240. During the year the government acquired an additional security at a cost of $260 and sold for $200 a security that had an historical cost of $172 and a fair value at the beginning of the year of $190. At the end of the year, the securities portfolio had a fair value of $1,330. The amount that should be recognized on the financial statements for the year as investment income is:

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 21:40
The board of directors is the highest ranking body in a corporation, and the chairman of the board is the highest ranking individual. the ceo generally works under the board and its chairman, and the board generally has the authority to remove the ceo under certain conditions. the ceo, however, cannot remove the board, but he or she can endeavor to have the board voted out and a new board voted in should a conflict arise. it is possible for a person to simultaneously serve as ceo and chairman of the board, though many corporate control experts believe it is bad to vest both offices in the same person. true false
Answers: 3
question
Business, 22.06.2019 01:40
Kis the insured and p is the sole beneficiary on a life insurance policy. both are involved in a fatal accident where k dies before p. under the common disaster provision, which of these statements is true?
Answers: 1
question
Business, 22.06.2019 11:00
Aprofessional does specialized work that's primarily: degree based. medical or legal. well paying. intellectual and creative
Answers: 2
question
Business, 22.06.2019 12:50
Suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the u.s. treasury yield curve can take. check all that apply.
Answers: 2
You know the right answer?
A local government began the year with a portfolio of securities with an historical cost of $1,200 a...
Questions
question
English, 21.02.2021 04:10
question
Mathematics, 21.02.2021 04:20
question
Mathematics, 21.02.2021 04:20
question
Mathematics, 21.02.2021 04:20
question
Mathematics, 21.02.2021 04:20
question
Mathematics, 21.02.2021 04:20
question
Mathematics, 21.02.2021 04:20
Questions on the website: 13722362