Answer:
This securities investment classifies as unrealized gains, as it has to be reported in the balance sheet under shareholder equity in the Accumulated Other Comprehensive Income account.
Explanation:
Unrealized gains (or losses) only exit on paper, since the company cannot recognize the gains until it sells the securities. It is an estimate of the profits that the company can make when it sells the securities, but until it does, they cannot be included in the income statement.
Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
<em>You didn´t post the complete information of the exercise, I searched the exercise online and tried to ask the most useful question.</em>
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Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
more will you have to save each month 981.9
Explanation:
given data
time = 30 year = 30 × 12 = 360 months
expected earn = 8.5 % = 
= 0.0070833
time = 10 year = 10 × 12 = 120 months
future value = millionaire = 
solution
we consider here saving end of this month = x
and saving end of 10 year = y
now we solve for x
= x × 
= x × 
x = 605.8
and
= y ×
= y × 
y = 1594.9
so here we require more amount to save is y - x in end of each month = 1594.9 - 605.8 = 981.9
<span>$322,970
The expression for the cash balance at the end of the month is
B = I + R - P
where
B = Balance at the end of the month.
I = Initial balance at the beginning of the month.
R = Receipts received during the month.
P = Payments made during the month.
So let's substitute the known values we have and solve for P
B = I + R - P
95230 = 72600 + 345600 - P
95230 = 418200 - P
95230 + P = 418200
P = 322970
So the cash payments made were $322,970</span>
