How would bonds, in a Company's Available for Sale portfolio, be adjusted for fair value (if at all) when at period-end their current market price is greater than their cost basis? debit Fair Value Adjustment-AFS and credit Unrealized Gain or Loss-Equity no journal entry required debit Unrealized Gain or Loss-Equity and credit Fair Value Adjustment AFS debit Fair Value Adjustment-AFS and credit Unrealized Gain or Loss-Income debit unrealized Gain or Loss-Income and credit Fair Value Adjustment-Income SSS receives a $1/share dividend on 1000 shares of GM stock. SSS owns less than 20% of outstanding shares and exerts no influence on GM. Journalize the receipt of the dividend. debit cash and credit stock investment $1000 debit dividend revenue and credit cash $1000 debit cash and credit dividend revenue $1000 debit stock investment and credit cash $1000 debit cash and credit equity $1000 How would bonds in a Company's Trading Portfolio appear on its Balance Sheet? under an umbrella because it's raining under Current Assets, at Fair Value under Investments, at Fair Value under Current Assets, at Equity under Investments, at Equity The following represents financial date for Co ABC. Assume that asset and liability values represent the period average. Also assume all sales are on credit. What is the Return on Equity for ABC? Cash $100,000 AR $150,000 Inventory $100,000 Property, Plant & Equipment $200,000 Current Liabilities $300,000 LT Liabilities $200,000 Stockholders' EQ $50,000 Total Revenue $900,000 Total Expense $850,000 (which includes $450,000 Cost of Goods Sold) Outstanding Shares 50,000 shares 18.2% 39.6% 09.1% 110% 100%