Business, 06.03.2020 23:39 jalst6084

At the end of Year 1, Lane Co. held debt securities classified as trading that cost $86,000 and which had a year‐end fair value of $92,000. During Year 2, all of these securities were sold for $104,500. At the end of Year 2, Lane had acquired additional trading securities that cost $73,000 and that had a year‐end fair value of $71,000. What is the impact of these activities on Lane's Year 2 income statement?

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 16:30

Gather reliable information to brent make his decision. to gather this information, use newspapers, call insurance companies or look at their web sites, and review consumer magazines and web sites. also, look at the manufacturer web site or for information about gas mileage. list the sources you use and take notes.

Answers: 3

Answer

Business, 22.06.2019 10:30

Issued to the joint planning and execution community (jpec) initiates the development of coas; it also requests that the supported ccdr submit a commander's estimate of the situation with a recommended coa to resolve the situation (joint force command and staff participation in the joint operation planning and execution system, page 10)

Answers: 2

Answer

Business, 22.06.2019 21:20

1. what are the unique operational challenges to delivering fresh meals? 2. why is speed of delivery so important for delivered meals? what variety of options contribute to this performance metric? 3. how could operations management concepts be utilized to improve the performance of freshly? 4. what are your typical product delivery times? what would be required to speed these up? 5. what are your delivery batch quantities? how could you reduce batch size and reduce delivery cost simultaneously using operations management concepts?

Answers: 2

Answer

Business, 22.06.2019 23:30

What are consequences of rapid inflation? (select all that apply.) savings accounts become less desirable because interest earned is lower than inflation individual purchasing power increases, which results in an increase in demand. individual purchasing power decreases, which results in a decrease in demand. people postpone purchasing expensive items, such as homes, until prices drop.

Answers: 1

Answer

You know the right answer?

At the end of Year 1, Lane Co. held debt securities classified as trading that cost $86,000 and whic...

Questions