ACC2363_Assignment 8_Q #10 Unrealized Gain
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School
Algonquin College *
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Course
2363
Subject
Finance
Date
Nov 24, 2024
Type
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Pages
1
Uploaded by ok1807
v
Your
answer
is
correct.
Unrealized
gain
accrued
on
FV-NI
equity
security
investments.
(Select
all
that
apply.)
an
operating
activity,
added
to
net
income
an
operating
activity,
deducted
from
net
income
an
investing
activity
a
financing
activity
a
significant
non-cash
investing
or
financing
activity
none
of
these
options
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Related Questions
For an individual investor, investment in which one of the following accounts has the best liquidity?
a. Group of answer choices
b. regular taxable investment account
c. 401 (k)
d. IRA
e. Roth IRA
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please answer the following question
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Interest expenses incurred on debt financing are Blank______ when analyzing a proposed investment.
Multiple choice question.
ignored
capitalized
treated as cash outflows
treated as cash inflows
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The following terms were introduced in this chapter:
Strategic investments
Non-strategic investments
Investments at fair value through profit or loss (FVTPL)
Investments at amortized cost (AC)
Match each term with the following definitions:
_________ Debt securities that are held to earn interest income
_________ Investments purchased to influence or control another company
_________ Debt or equity investments that require holding gains or losses to be included in the determination of the company’s profit or loss.
_________ Investments purchased mainly to generate investment income
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14, please answer last part. thanks
please pick from the follow accounts:
Accumulated Other Comprehensive Income
Allowance for Investment Impairment
Bond Investment at Amortized Cost
Cash
Commission Expense
Dividends Receivable
Dividend Revenue
FV-NI Investments
FV-OCI Investments
Gain on Disposal of Investments - FV-NI
Gain on Disposal of Investments - FV-OCI
Gain on Sale of Investments
GST Receivable
Interest Expense
Interest Income
Interest Payable
Interest Receivable
Investment in Associate
Investment Income or Loss
Loss on Discontinued Operations
Loss on Disposal of Investments FV-NI
Loss on Disposal of Investments FV-OCI
Loss on Impairment
Loss on Sale of Investments
No Entry
Note Investment at Amortized Cost
Other Investments
Recovery of Loss from Impairment
Retained Earnings
Unrealized Gain or Loss
Unrealized Gain or Loss - OCI
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11, please answer last part. thanks
please pick from the follow accounts:
Accumulated Other Comprehensive Income
Allowance for Investment Impairment
Bond Investment at Amortized Cost
Cash
Commission Expense
Dividends Receivable
Dividend Revenue
FV-NI Investments
FV-OCI Investments
Gain on Disposal of Investments - FV-NI
Gain on Disposal of Investments - FV-OCI
Gain on Sale of Investments
GST Receivable
Interest Expense
Interest Income
Interest Payable
Interest Receivable
Investment in Associate
Investment Income or Loss
Loss on Discontinued Operations
Loss on Disposal of Investments FV-NI
Loss on Disposal of Investments FV-OCI
Loss on Impairment
Loss on Sale of Investments
No Entry
Note Investment at Amortized Cost
Other Investments
Recovery of Loss from Impairment
Retained Earnings
Unrealized Gain or Loss
Unrealized Gain or Loss - OCI
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9, please answer last part. thanks
please pick from the follow accounts:
Accumulated Other Comprehensive Income
Allowance for Investment Impairment
Bond Investment at Amortized Cost
Cash
Commission Expense
Dividends Receivable
Dividend Revenue
FV-NI Investments
FV-OCI Investments
Gain on Disposal of Investments - FV-NI
Gain on Disposal of Investments - FV-OCI
Gain on Sale of Investments
GST Receivable
Interest Expense
Interest Income
Interest Payable
Interest Receivable
Investment in Associate
Investment Income or Loss
Loss on Discontinued Operations
Loss on Disposal of Investments FV-NI
Loss on Disposal of Investments FV-OCI
Loss on Impairment
Loss on Sale of Investments
No Entry
Note Investment at Amortized Cost
Other Investments
Recovery of Loss from Impairment
Retained Earnings
Unrealized Gain or Loss
Unrealized Gain or Loss - OCI
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Which, if any, of the following statements is (are) correct?1. Financial risk has to do with the amount of leveraging or the use of borrowed funds that a firm utilizes to structure its investment and finance its asset.2. Debenture bonds are backed by the income from a specific project.a. 1 only.b. 2 only.c. Both 1 and 2.d. Neither 1 nor 2.
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Capital markets:
a.apply only to bonds.
b.apply only to stock.
c.involve long-term investments.
d.None of the above.
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True (t) or False (f)
______ Short-term, highly liquid investments may be included with cash on the balance sheet.
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15. Which of the following statements regarding available-for-sale equity investments is true?
a. The realized gain on sale is determined by comparing the carrying value of the investment with its selling price.b. Income is affected by temporary changes in market value.c. All equity security investments are classified as noncurrent.d. Permanent declines in value are reported on the income statement.
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Please answer in CAPITAL LETTER IF IT IS AN INFLOW(I )OR AN OUTFLOW (O)COLUMN 1 , AND COLUMN 2 , IF IT CORRESPONDS TO OPERATINGCASHFLOW(OC),INVESTMENT ACTIVITY CASHFLOW(IC), FINANCING ACTIVITY CASHFLOW ( FC)Example: Reduce marketable securities : I OC ( "I" or "O") AND ("OC", "IC" o "FC" )Activity INFLOW " I" orOutflow "O"
OPERATINGCASHFLOW(OC), INVESTMENTACTIVITY CASHFLOW(IC), FINANCINGACTIVITY CASHFLOW ( FC)
1. Purchase of treasurystock2. Purchase of availablefor sale investment 3. Sale of equipment at aloss 4. Increase in accountspayable 5. Retirement of bonds 6. Issuance of bonds 7. Decrease in accountspayable 8. Increase in inventory9. Loan from bank bysigning a note 10. Increase in accountsreceivable 11. Purchase of equipmentby issuing a note 12. Purchase of land andbuilding. 13. Decrease in accountsreceivable.14. Payment of dividends. 15.…
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Related Questions
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- The following terms were introduced in this chapter: Strategic investments Non-strategic investments Investments at fair value through profit or loss (FVTPL) Investments at amortized cost (AC) Match each term with the following definitions: _________ Debt securities that are held to earn interest income _________ Investments purchased to influence or control another company _________ Debt or equity investments that require holding gains or losses to be included in the determination of the company’s profit or loss. _________ Investments purchased mainly to generate investment incomearrow_forward14, please answer last part. thanks please pick from the follow accounts: Accumulated Other Comprehensive Income Allowance for Investment Impairment Bond Investment at Amortized Cost Cash Commission Expense Dividends Receivable Dividend Revenue FV-NI Investments FV-OCI Investments Gain on Disposal of Investments - FV-NI Gain on Disposal of Investments - FV-OCI Gain on Sale of Investments GST Receivable Interest Expense Interest Income Interest Payable Interest Receivable Investment in Associate Investment Income or Loss Loss on Discontinued Operations Loss on Disposal of Investments FV-NI Loss on Disposal of Investments FV-OCI Loss on Impairment Loss on Sale of Investments No Entry Note Investment at Amortized Cost Other Investments Recovery of Loss from Impairment Retained Earnings Unrealized Gain or Loss Unrealized Gain or Loss - OCIarrow_forward11, please answer last part. thanks please pick from the follow accounts: Accumulated Other Comprehensive Income Allowance for Investment Impairment Bond Investment at Amortized Cost Cash Commission Expense Dividends Receivable Dividend Revenue FV-NI Investments FV-OCI Investments Gain on Disposal of Investments - FV-NI Gain on Disposal of Investments - FV-OCI Gain on Sale of Investments GST Receivable Interest Expense Interest Income Interest Payable Interest Receivable Investment in Associate Investment Income or Loss Loss on Discontinued Operations Loss on Disposal of Investments FV-NI Loss on Disposal of Investments FV-OCI Loss on Impairment Loss on Sale of Investments No Entry Note Investment at Amortized Cost Other Investments Recovery of Loss from Impairment Retained Earnings Unrealized Gain or Loss Unrealized Gain or Loss - OCIarrow_forward
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