On January 1, 2018, Ross Corporation issued bonds with a maturity value of $200,000; the bond’s stated rate of interest equaled the market interest rate on the issue date. On December 31, 2018, the market value of the bonds was $188,926; on December 31, 2019, the market value of the bonds was $191,325. Which of the following correctly describes Ross Corporation’s financial reporting if Ross elects to measure the bond liability using the fair value accounting option?

a. For the year ending December 31, 2019, Ross will report an unrealized holding loss of $2,399 in its income statement.
b. For the year ending December 31, 2019, Ross will report an unrealized holding loss of $8,675 in its income statement.
c. For the year ending December 31, 2018, Ross will report an unrealized holding loss of $11,074 in its income statement.
d. For the year ending December 31, 2019, Ross will report an unrealized holding gain of $8,675 in its income statement.

Which job role belongs in the middle management level? a. president b. chief executive officer c. department manager d. chief operating officer e. vice president

Amanda rice has just arranged to purchase a $640,000 vacation home in the bahamas with a 20 percent down payment. the mortgage has a 7 percent apr compounded monthly and calls for equal monthly payments over the next 30 years. her first payment will be due one month from now. however, the mortgage has an eight-year balloon payment, meaning that the balance of the loan must be paid off at the end of year 8. there were no other transaction costs or finance charges. how much will amanda’s balloon payment be in eight years

5. profit maximization and shutting down in the short run suppose that the market for polos is a competitive market. the following graph shows the daily cost curves of a firm operating in this market. 0 2 4 6 8 10 12 14 16 18 20 50 45 40 35 30 25 20 15 10 5 0 price (dollars per polo) quantity (thousands of polos) mc atc avc for each price in the following table, calculate the firm's optimal quantity of units to produce, and determine the profit or loss if it produces at that quantity, using the data from the previous graph to identify its total variable cost. assume that if the firm is indifferent between producing and shutting down, it will produce. (hint: you can select the purple points [diamond symbols] on the previous graph to see precise information on average variable cost.) price quantity total revenue fixed cost variable cost profit (dollars per polo) (polos) (dollars) (dollars) (dollars) (dollars) 12.50 135,000 27.50 135,000 45.00 135,000 if the firm shuts down, it must incur its fixed costs (fc) in the short run. in this case, the firm's fixed cost is $135,000 per day. in other words, if it shuts down, the firm would suffer losses of $135,000 per day until its fixed costs end (such as the expiration of a building lease). this firm's shutdown price—that is, the price below which it is optimal for the firm to shut down—is per polo.