Investments Quizzes, Questions & Answers
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Welcome to the Trivia Quiz on Shares and Mutual Funds! In the world today people are making investments in many ways with the hope of increasing the amount they have. Buying shares and investing in mutual funds ensures that a...
Questions: 10 | Attempts: 328 | Last updated: Mar 22, 2023
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Sample QuestionMutual funds are having different schemes:
This is the last of the batch. It's timed as well.
Questions: 11 | Attempts: 362 | Last updated: Aug 21, 2023
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Sample QuestionChocolate Company operates a seafood restaurant. On October 1, 2009, Chocolate determined that it will need to purchase 50,000 kilos of deluxe fish on March 1, 2010. Because of the volatile fluctuation in the price of deluxe fish, on October 1, 2009, Chocolate negotiated a forward contract with a reputable bank for Chocolate to purchase 50,000 kilos of deluxe fish onMarch 1, 2010 at a price of P50 per kilo or P2,500,000. This forward contract was designated as a cash flow hedge. The derivative forward contract provides that if the market price of deluxe fish on March 1, 2010 is more than P50, the difference is paid by the bank to Chocolate. On the other hand, if the market price on March 1, 2010 is less than P50, Chocolate will pay the difference to the bank. On December 31, 2009, the market price per kilo P60 and on March 1, 2010, the market price is .93. What is the fair value of the derivative asset or liability on December 31, 2010?
This is a timed quiz. You got 2 hours and 30 minutes. Good luck!
Questions: 19 | Attempts: 1556 | Last updated: Mar 22, 2023
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Sample QuestionThe following data pertain to the equity investments held by Doritos Company classified as "available for sale":Cost 3,000,000Market value: December 31, 2008 2,400,000 December 31, 2009 3,200,000What amount should be reported as unrealized gain in December 31, 2009 shareholders' equity?
This Investment Quiz: 20 Questions Part 1 assesses knowledge on trading securities, marketable equity securities, and unrealized gains and losses. It evaluates understanding of financial statements impact and market value...
Questions: 20 | Attempts: 2802 | Last updated: Apr 30, 2024
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Sample QuestionOn December 31, 2009, Otter Company had investments in trading securities as follows: COST MARKET VALUE Man Company 1,000,000 1,300,000 Kemo Company 900,000 1,100,000 Fenn Company 1,100,000 900,000 3,000,000 3,300,000Otter's December 31, 2009 balance sheet should report the following trading securities at:
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