Nichols enterprises has an investment in 26,000 bonds of elliott electronics that nichols accounts for as a security available for sale. elliott bonds are publicly traded, and the wall street journal quotes a price for those bonds of $14 per bond, but nichols believes the market has not appreciated the full value of the elliott bonds and that a more accurate price is $24 per bond. nichols should carry the elliott investment on its balance sheet at:

$ 364,000

Explanation:

Given;

The number of bonds in which investment is made = 26000

Quote price of the bond = $ 14 per bond

Actual price of the bond = $ 24

Now,

the investment amount is carried out using the quote price of the bonds in the balance sheet

therefore,

Nichols should carry the Elliott investment on its balance sheet as :

= number of bonds invested × quote price of the bond

or

= 26000 × $ 14

or

= $ 364,000

1   b) the use of non-standard grammar  

2   a) quiet and shy.