subject
Business, 20.09.2020 09:01 Dragonskeld

Hobson Company bought the securities listed below during 2020. These securities were classified as trading securities. In its December 31, 2020, income statement Hobson reported a net unrealized holding loss of $19,000 on these securities. Pertinent data at the end of June 2021 is as follows: Security Cost Fair Value X $ 381,000 $ 342,500 Y 195,000 161,800 Z 422,000 407,000 What amount of unrealized holding loss on these securities should Hobson include in its income statement for the six months ended June 30, 2021?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 01:00
You are the manager in charge of global operations at bankglobal – a large commercial bank that operates in a number of countries around the world. you must decide whether or not to launch a new advertising campaign in the u.s. market. your accounting department has provided the accompanying statement, which summarizes the financial impact of the advertising campaign on u.s. operations. in addition, you recently received a call from a colleague in charge of foreign operations, and she indicated that her unit would lose $8 million if the u.s. advertising campaign were launched. your goal is to maximize bankglobal’s value. should you launch the new campaign? explain. pre-advertising campaign post-advertising campaign total revenues $18,610,900 $31,980,200 variable cost tv airtime 5,750,350 8,610,400 ad development labor 1,960,580 3,102,450 total variable costs 7,710,930 11,712,850 direct fixed cost depreciation – computer equipment 1,500,000 1,500,000 total direct fixed cost 1,500,000 1,500,000 indirect fixed cost managerial salaries 8,458,100 8,458,100 office supplies 2,003,500 2,003,500 total indirect fixed cost $10,461,600 $10,461,600
Answers: 2
question
Business, 22.06.2019 22:50
Suppose that the u.s. dollars-mexican pesos exchange rate is fixed by the u.s. and mexican governments. assume also that labor is mobile between the united states and mexico due to low transportation costs.which of the following situations is likely to happen as a result of a simultaneous increase in the demand for u.s. goods and decrease in the demand for mexican goods? (pick mexican unemployment rate increases, and the country undergoes bad economic times for a sustained u.s. unemployment rate increases, and the country undergoes bad economic times for a sustained mexican unemployment rate rises at first, but it soon drops as unemployed mexicans move to the united states for mexican unemployment rate rises at first, but then it drops as mexican pesos depreciate against u.s. dollars.
Answers: 1
question
Business, 22.06.2019 23:40
When randy, a general manager of a national retailer, moved to a different store in his company that was having difficulty, he knew that sales were low and after talking to his employees, he found morale was also low. at first randy thought attitudes were poor due to low sales, but after working closely with employees, he realized that the poor attitudes were actually the cause of poor sales. randy was able to discover the cause of the problem by utilizing skills.
Answers: 2
question
Business, 23.06.2019 06:00
What can be concluded from the data about the reliability and validity of the thermometers
Answers: 2
You know the right answer?
Hobson Company bought the securities listed below during 2020. These securities were classified as t...
Questions
question
History, 30.10.2020 20:00
question
Mathematics, 30.10.2020 20:00
question
Mathematics, 30.10.2020 20:00
question
Arts, 30.10.2020 20:00
question
Mathematics, 30.10.2020 20:00
question
History, 30.10.2020 20:00
Questions on the website: 13722367