An asset is reported at fair value, but unrealized gains and losses on the asset are not reported on the income statement. The asset is most likely categorized as: Cash or a cash equivalent. A trading security. An available-for-sale security. A held-to-maturity security.

Beck company had the following accounts and balances at the end of the year. what is net income or net loss for the year? cash $ 74 comma 000 accounts payable $12,000 common stock $21,000 dividends $12,000 operating expenses $ 13 comma 000 accounts receivable $ 49 comma 000 inventory $ 47 comma 000 longminusterm notes payable $33,000 revenues $ 91 comma 000 salaries payable $ 30 comma 000

In a chapter 7 bankruptcy, a debtor:

You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?