Fair value journal entries, trading investments gruden bancorp inc. purchased a portfolio of trading securities during year 1. the cost and fair value of this portfolio on december 31, year 1, was as follows: name number of shares total cost total fair value griffin inc. 1,600 $40,000 $44,800 luck company 1,250 37,500 33,750 wilson company 1,000 40,000 37,000 total $117,500 $115,550 on may 10, year 2, gruden bancorp inc. purchased 1,200 shares of carroll inc. at $29 per share plus a $100 brokerage commission. provide the journal entries to record the following: a. the adjustment of the trading security portfolio to fair value on december 31, year 1. year 1, dec. 31 b. the may 10, year 2, purchase of carroll inc. stock. year 2, may 10

The monthly payment m of a loan of amount p for y years with an interest rate r can be calculated by the formula: m = p(r/12) 1 â’ (1 + r/12)â’12y calculate the monthly payment and the cummulative total payment for a $100,000 loan with an interest rate of 4.85% if taken out for 10 years, for 11 years, etc., up to a 30 year term. display the results in a three-column table where the first column is the number of years, the second is the monthly payment, and the third is the cummulative total payment. note: use format bank; for this problem. also, remember to represent the interest rate as a decimal (e.g. 0.0485) 2. a torus-shaped water tube is designed to have a volume of 8, 000in3 . the volume of the tube, v , and its surface area, s, are given by: v = 1 4 ď€ 2 (a + b)(b â’ a) 2 s = ď€ 2 (b 2 â’ a 2 ) if a = kb, determine s, a, and b for k = 0.2, 0.3, 0.7. display the results in a table

Conor is 21 years old and just started working after college. he has opened a retirement account that pays 2.5% interest compounded monthly. he plans on making monthly deposits of $200. how much will he have in the account when he reaches 591 years of age?

Robert black, regional manager for ford in texas and oklahoma, faced a dilemma. the ford f-150 pickup truck was the best-selling pickup ever, yet ford's headquarters in detroit had decided to introduce a completely redesigned f-150. how could mr. black sell both trucks at the same time? he still had "old" f-150s in stock. in his advertising, mr. black referred to the new f-150s as follows: "not a better f-150. just the only truck good enough to be the next f-150." this statement represents ford's of the new f-150.