Question 1 Jim Beatty’s claim that no impairment is needed because the overall investment portfolio of public equity securities is in an unrealized gain position is invalid. According to ASC 320-10-35-20, in determining whether an investment is impaired, impairment should be assessed at the individual security level. Instead of assessing the impairment of the portfolio as a whole, Jim Beatty needs to check for impairment of individual securities. However, this also means that the company can
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Alternative investments? B.R. 500 Index, B.R. Equity Income, and B.R. Long-term Investment Guide would be considered as alternative investment. According to the information obtained, these three funds are private-investment vehicles that are not registered under the Investment Company Act of 1940 or under the Securities Act of 1933, that is, they neither are listed on national exchanges or over-the-counter markets, nor have quoted market prices. B.R. Emerging Markets Stock Index and B.R. Intermediate-Term
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NAVs Fund Name | Unit Price (Rs.) | Nav Date | History | Individual Pension | Individual Pension - Nourish | 17.0385 | 13-Jul-2009 | History | Individual Pension - Growth | 19.9882 | 13-Jul-2009 | History | Individual Pension - Enrich | 22.4449 | 13-Jul-2009 | History | Individual Life | Individual Life - Super 20 | 10.0330 | 13-Jul-2009 | History | Individual Life - Protector | 20.2109 | 13-Jul-2009 | History | Individual Life - Platinum Plus Fund III | 9.4918 |
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index fund (security 2: standard deviation = 16%) such that portfolio standard deviation is 10%. In general, for a two security portfolio: P2 = x1212 + 2x1x21212 + x2222 (0.10)2 = 0 + 0 + x22(0.16)2 x2 = 0.625 x1 = 0.375 Further: rp = x1r1 + x2r2 rp = (0.375 0.06) + (0.625 0.14) = 0.11 = 11.0% Therefore, he can improve his expected rate of return without changing the risk of his portfolio. b. With equal amounts in the corporate bond portfolio (security 1) and the index fund (security
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ACTG 351 Anne Surrey Investments Case Due: Wednesday, May 29 (at the beginning of class). Also, please be prepared to discuss the case and your solution in class on this date. Refer to the current, relevant accounting guidance to answer the questions on page 3 of the case. Required: Please be sure to reference the applicable professional guidance listed below. Your discussion should be typed, double-spaced and no more than 3 pages in length. Please prepare your case discussion in memo
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Sources of Funding, Funding Raising & Disclosure Promoters and Pre-registration contracts • Who is a promoter? o Whaley Bridge Calico Printing v Green – court has recognised the term promoter as not a term of law but rather one of business. o Emma Silver Mining v Lewis & Son – see Twycross case – used in connection with companies involves the idea of exertion for the purpose of getting up and starting a company and also the idea of some duty towards the company. o Jubilee Cotton Mills v Lewis
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infringe copyright. The copyright owner may take action against you for infringement. BFF5270: Tutorial Questions Topic 1 – 1A: Introduction to Funds Management 1B: Chartered Financial Analyst (CFA) Ethics Submission due: 2.00pm on the day of the lecture in Teaching Week 2 Note: Tutorial questions are sourced from SPH-BKM = BFF5270: Funds Management, CFASPH = CFA Standards of Practice Handbook and other sources mentioned in the question itself. Students’ work that is copied from solutions
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specializes in insurance, funds and financial services, the “investment” section on the financial statement is very different from other companies’. The financial documents in sec are also different and hard to understand. So the analysis I made in here may not be accurate. Firstly, I want to talk about some background information about State Farm, State Farm Variable Product Trust (the “Trust”) has nine separate investment portfolios (each a “Fund” and together, the “Funds”). Each Fund has its own investment
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Case 2-8 Juggyfroot “I’m sorry, Lucy. That’s the way it is,” Ricardo Rikey said. “I just don’t know if I can go along with it, Rikey,” Lucy replied. “We have no choice. Juggyfroot is our biggest client, Lucy. They’ve warned us that they will put the engagement up for bid if we refuse to go along with the reclassification of marketable securities,” Rikey explained. “Have you spoken to Fred and Ethel about this?” Lucy asked. “Are you kidding? They’re the ones who made the decision to go
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ACTG 351 Anne Surrey Investments Case Due: Wednesday, March 5 (at the beginning of class). Also, please be prepared to discuss the case and your solution in class on this date. Required: Refer to the current, relevant accounting guidance to answer the questions on page 3 of the case. Please be sure to reference the applicable professional guidance listed below. Your discussion should be typed, double-spaced and no more than 3 pages in length. Please prepare your case discussion
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