Following Is Data for the Available-For-Sale Securities Held by Lindy

question 40

Essay

Following is data for the available-for-sale securities held by Lindy Company as of December 31: a) Complete the table above to find the total cost and fair value for the company's available­for­sale securities portfolio.
b) Calculate and record the required December 31 adjustment.
c) Explain how the adjustment from step 2) is reported on Lindy's financial statements.

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Definitions:

Social Validity

The degree to which the goals, procedures, and outcomes of an intervention are acceptable and relevant to the people who are targeted, the stakeholders, and the society at large.

Behavioral Intent

A term used to describe the relation between the behaviors students exhibit and the outcomes they desire. When students act, even with behaviors considered to be inappropriate, they do so to achieve a result. The desired result, or outcome, can be viewed as the intent or function of the behavior. In turn, the intent of the behavior will affect the form (i.e., appearance) the behavior takes to achieve a desired outcome.

Coexisting Functions

The phenomenon where multiple factors or conditions operate or exist simultaneously, influencing outcomes or behaviors in complex ways.

Multiply Controlled Behaviors

Behaviors influenced by more than one environmental factor or contingency, making them complex and sometimes challenging to modify.