Use Excel to answer MC- 3. Round to the nearest dollar.
Answer to relevant QuestionsUse Excel to answer MC- 4. Round to the nearest dollar. Each of the following situations is independent. Required: Compute the missing amounts for ( i) through ( iv), rounded to the nearest dollar. Southtown Corporation purchased equipment and in exchange signed a two- year promissory note. The note requires Southtown to make a single payment of $ 100,000 in two years. Southtown has other promissory notes that charge ...Where are unrealized gains and losses reported for available-for-sale securities? Where are unrealized gains and losses reported for trading securities? What’s the reason for this reporting difference? Refer to the data in ED- 5. Per Share 12/ 31/ 2015………… $ 45 12/ 31/ 2016…………... 42 Required: 1. Assume that management intends to hold the stock as available- for- sale securities for three years or more. ...
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