Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Basic Finance Expert

Finance


Home >> Basic Finance

problem: Detaldo Co held bonds of Schooner corp. with a cost of USD 125,000 & a market value of USD 127,000. Detaldo also held 1,500 shares of Tranco common stock with a cost of USD 25,000 & a market value of USD 24,700.  Make journal entry to record the market value of the investments as of Dec 31.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M916394

Have any Question?


Related Questions in Basic Finance

Please help me study for a test by helping with this

Please help me study for a test by helping with this problem. Thanks! Capital budgeting decisions are a prime area of financial management. Which of the following is not a capital budgeting decision? a) Determining credi ...

The global network has sales of 421945 cost of goods sold

The Global Network has sales of $421945, cost of goods sold of $270002, and inventory of $33598. What is the inventory turnover rate? Round your answer to the nearest hundredth.

Is there a particular capital structure that maximizes the

Is there a particular capital structure that maximizes the value of the firm? Explain.

If you insulate your office for 16000 you will save 1600 a

If you insulate your office for $16,000, you will save $1,600 a year in heating expenses. These savings will last forever. a.  What is the NPV of the investment when the cost of capital is 5%? 10%? b.  What is the IRR of ...

The terms of sale arenbsp59nbspnetnbsp43nbspwhat is the

The terms of sale are 5/9, net 43. What is the effective annual rate of interest?  Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.

Question 1 -a this is a two period certainty model

QUESTION 1 - a) This is a two period certainty model problem. Assume that Daisy Brown has a sole income from Fantasy Ltd in which she owns 15% of the ordinary share capital. Currently, she has no savings. In February, 20 ...

Why might one firm have positive cash flows and be headed

Why might one firm have positive cash flows and be headed for financial trouble, whereas another firm with negative cash flows could actually be in a good financial position.

Is there a particular capital structure that maximizes the

Is there a particular capital structure that maximizes the value of the firm? Explain.

Average inventory is 415435 and cost of goods sold is

Average inventory is $415,435 and cost of goods sold is $1,410,000. On average, how long did a unit of inventory sit on the shelf before it was sold?

Express in other words explain the concept of cost of

Express in other words explain the concept of cost of capital? Do you believe that a firm should use the same cost of capital for all of its projects? Why or why not?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved