Goofy Inc. bought a sizeable amount of Crazy Co.'s bonds for $197,000 on May 5, 2020, and classified the investment as available-for-sale. The market value of the bonds declined to $126,000 by December 31, 2020. Goofy reclassified this investment as trading securities in December of 2021 when the market value had risen to $162,000. What effect on 2021 net income should be reported by Goofy for the Crazy Co. bonds?

Suppose that each country completely specializes in the production of the good in which it has a comparative advantage, producing only that good. in this case, the country that produces jeans will produce 32 million pairs per month, and the country that produces corn will produce 32 million bushels per month.

Buyer henry is going to accept seller shannon's $282,500 counteroffer. when will this counteroffer become a contract. a. counteroffers cannot become contracts b. when henry gives shannon notice of the acceptance c. when henry signs the counteroffer d. when shannon first made the counteroffer

As more people migrated west during the gold rush, what do you think happened to the demand curve in most western markets, holding all else constant? a. there was no shift, nor any increase or decrease in quantity demanded. b. there was no shift, but there was a decrease in quantity demanded. c. the demand curve shifted to the left. d. the demand curve shifted to the right. e. there was no shift, but there was an increase in quantity demanded.