On 1/2/20x6, alpha acquired 100 shares of charlie corporation stock at $20 per share, 200 shares of delta corporation stock at $40 per share, and 100 shares of echo corporation stock at $30 per share. all of these shares were purchased as trading securities. the market price per share of these securities at the end of 20x6 and 20x7, respectively, are:
company 12/31/x6 12/31/x7
charlie $8 $22
delta. $38 $34
echo. $34 $30
what is the balance sheet amount for trading securities at the end of 20x7?

At the beginning of the accounting period, nutrition incorporated estimated that total fixed overhead cost would be $50,600 and that sales volume would be 10,000 units. at the end of the accounting period actual fixed overhead was $56,100 and actual sales volume was 11,000 units. nutrition uses a predetermined overhead rate and a cost plus pricing model to establish its sales price. based on this information the overhead spending variance is multiple choice $5,500 favorable. $440 favorable. $5,500 unfavorable. $440 unfavorable.

Which of the following best describes biochemical evidence that would not support the modern concept of evolution? a. a bacterium that uses inorganic materials to produce energy b. an organism that does not undergo cellular respiration c. a species of bacteria that is capable of photosynthesis d. an organism that undergoes both aerobic and anaerobic respiration

What is credit and debit in accounting