Question
Anthers bought the following portfolio of securities near the end of 2021. Security Cost Fair Value 12/31/2021 A 100,000 104,000 B 60,000 54,000 C 22,000
Anthers bought the following portfolio of securities near the end of 2021.
Security Cost Fair Value 12/31/2021
A 100,000 104,000
B 60,000 54,000
C 22,000 22,000
Additional information for the portfolio investments follows.
| Security | # share purchased | #shares outstanding | Annual Company income | Annual Dividends declared |
| A | 1,250 | 5000 | $10,000 | $1,00 |
| B | 500 | 5000 | $15,000 | $1,200 |
| C | 1,000 | 7500 | $50,000 | $3,000 |
Anthers will report the portfolio on the December 31, 2021 balance sheet as ?
Options (Current Assets, Non-Current assets, both, or either)
At what dollars $ amount?
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Internal Auditing For Hospitals
Authors: Seth Allcorn
1st Edition
0894431633, 978-0894431630
