Hoboken's Activities for the Year Ended December 31,2018 Included the Following

question 1

Multiple Choice

Hoboken's activities for the year ended December 31,2018 included the following: • Sold a held-for-trading investment for $12,000.The book value was $10,000.
• Sold an available-for-sale investment for $8,000.The book value was $9,000.
How much would be presented as cash flow from operations for the "held for trading" investment?

• A)Proceeds from sale of held for trading investment in the amount of 12,000.
• B)Disposal of held for trading investment in the amount 10,000.
• C)Gain on sale of held for trading investment in the amount 2,000.
• D)Loss on sale of held for trading investment in the amount 2,000.

Recognize the concepts of saturated solutions and solubility.

Classify salts based on their solubility.

Understand the concept of spectator ions in ionic reactions.

Calculate molarity of solutions and the effect of dilution on molarity.

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