单选题
What amount should Company A report on its balance sheet at year-end
if the investment in Company B is considered a trading security, and what amount
should be reported if the investment is considered an available-for-sale
security? trading securities
available-for-sale securities ① $75000
$75000 ②
$75000 $80000
③ $80000
$80000
单选题
What amount of investment should Company A recognize in its income
statement if the investment in Company B is considered a trading security, and
what amount should be reported if the investment is considered an
available-for-sale security? trading securities
available-for-sale securities ① ($1000)
($1000) ②
($1000) $4000
③ ($5000) $4000
单选题
Selected data from Douglas Company's balance sheet at the end of the
year follows:
Investment in Corrision Company, at fair value Deferred
taxes Common stock, $1 par value Preferred stock, $100 par
value Retained earnings Accumulated other comprehensive income
$150000 $86000 $550000 $175000 $893000 $46000
The investment in Corrision Company had
an original cost of $120000. Assuming the investment in Corrision is classified
as available-for-sale, Douglas Company's total owners' equity at year-end is
closest to:
单选题
Assume U.S. GAAP applies unless otherwise noted. At the end of the
year, a company sold equipment for $30000 cash. The company paid $110000 for the
equipment several years ago and had recorded accumulated depreciation of $70000
at the time of its sale. All else equal, the equipment sale will result in the
company's cash flow from:
A. investing activities increasing by $30000.
B. investing activities decreasing by $30000.
C. operating activities being $10000 less than net income.