what would be the diluted earnings per share for the year ended
December 31, 2011 (rounded to the nearest penny)? Show all
computations. (Points : 25)
Question 7. 7.
(TCO B) The following information pertains to Fox Inc.’s portfolio
of marketable securities for the Year ended Dec 31, Year 1 and Dec
31, Year 2.
Cost Fair Value at
Record the journal entries for the following marketable securities
transactions based on the information given in the table.
1. Mark to market journal entry for the Smith Co security at 12/31
Year 1
2. Mark to market journal entry for the Jones Co security at 12/31
Year 1
3. Mark to market journal entry for the Williams Co security at
12/31 Year 1
4. Mark to market journal entry for the Gores Co security at 12/31
Year 1