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all questions please show work. thanks 17 Boulter, Inc began business on January 1, 2011 At the end of December 2011, Boulter had the tollowing
all questions please show work. thanks
17 Boulter, Inc began business on January 1, 2011 At the end of December 2011, Boulter had the tollowing nvestments in equity securities Al declines in value are deemed to be temporary in nature How should the corresponding losses be reflected in the inancial statements at December 31, 20112 s2 A Option a B. Option b C. Option c D. Option d E. None of the options are corredt 18 Hobson Company bought the securities listed below during 2010. These securities were classified as trading securities. In its December 31, 2010, income statement Hobson reported a net unrealized loss of $13,000 on these securities. Pertinent data at the end of December, 2011 are as follows Secunty ost Far Value S380.000 $352,000 180.000160,000 20.000414,000 What amount of loss on these securities should Hobson include in its income statement for the year ended December 31, 2011? A S54,000 B SO C. 13,000 D 41,000 E None of the above 19, The Ramos Co. issues a 5% $1,000 5yr bond on July 1,2018. The bond pays interest annually starting June 30 2019. The prevailing rate at the issue date is 7%. How much liability(nearest dollar) is associated with the bond at Dec. 31, 2018 which is the end of the fiscal year. a)$925 b) $928 )$930 d)$950 e) none of the above 17 Boulter, Inc began business on January 1, 2011 At the end of December 2011, Boulter had the tollowing nvestments in equity securities Al declines in value are deemed to be temporary in nature How should the corresponding losses be reflected in the inancial statements at December 31, 20112 s2 A Option a B. Option b C. Option c D. Option d E. None of the options are corredt 18 Hobson Company bought the securities listed below during 2010. These securities were classified as trading securities. In its December 31, 2010, income statement Hobson reported a net unrealized loss of $13,000 on these securities. Pertinent data at the end of December, 2011 are as follows Secunty ost Far Value S380.000 $352,000 180.000160,000 20.000414,000 What amount of loss on these securities should Hobson include in its income statement for the year ended December 31, 2011? A S54,000 B SO C. 13,000 D 41,000 E None of the above 19, The Ramos Co. issues a 5% $1,000 5yr bond on July 1,2018. The bond pays interest annually starting June 30 2019. The prevailing rate at the issue date is 7%. How much liability(nearest dollar) is associated with the bond at Dec. 31, 2018 which is the end of the fiscal year. a)$925 b) $928 )$930 d)$950 e) none of the above
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