If the fair value adjustment account for trading investments has a debit? balance,

a. it is added to the fixed asset account to determine carrying value

b. it is subtracted from the? short-term investmentlong dashtrading account to determine carrying value

c. it is subtracted from the fixed asset account to determine carrying value

d. it is added to the? short-term investmentlong dashtrading account to determine carrying value

The maximum tax rate on estates and gifts

Seattle bank’s start-up division establishes new branch banks. each branch opens with three tellers. total teller cost per branch is $96,000 per year. the three tellers combined can process up to 90,000 customer transactions per year. if a branch does not attain a volume of at least 60,000 transactions during its first year of operations, it is closed. if the demand for services exceeds 90,000 transactions, an additional teller is hired and the branch is transferred from the start-up division to regular operations. required what is the relevant range of activity for new branch banks

mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?