1. Periodically, a company that holds equity investments would most likely

A) Receive cash as interent

B) Make interest Payments

C) Receive Cash Dividends

D) Make dividend payments

2) All of the following investments are reported at fair value, EXCEPT:

A) Trading Debt Securities

B) Available-for-Sale Debt Securities

C) Equity Securities with no significant influence

D) Equity Securities with a controlling interest

3) On January 2, 2021, a company purchases for a price of $52,000 bonds with a $50,000 maturity value, 6% annual interest rate with semi-annual payments, and a maturity date of December 31, 2030. What amount of interest will be received around July 1, 2021?

A) $3,000

B) $1,500

C) $3,120

D) $1,560