For trading investments, provide the following
• Reporting method used
• How unrealized holding gain or loss is reported
• Balance sheet effects
• Income statement effects
Trading Investments:
Reporting method used
How unrealized holding gain or loss is reported
Balance sheet effects
Income statement effects
What will be an ideal response
Trading Investments:
Reporting method used Fair value
How unrealized holding gain or loss is reported
Included in net income
Balance sheet effects
The investment is reported as a current asset on the balance sheet.
Income statement effects
Dividend or interest revenue is reported on the income statement.
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The Fed, with the approval of the Financial Stability Oversight Council, has the power to break up large firms and require such firms to increase their reserves against future losses
Indicate whether the statement is true or false
Which of the following terms indicates the degree to which group members are attracted to one another and are motivated to stay in the group?
A) cohesiveness B) integration C) sociability D) reliability E) interdependence