During the Current Year, the Hampton Company Purchased 200 Shares

question 67

Multiple Choice

During the current year, The Hampton Company purchased 200 shares of Hilton stock for $15,000 as a short-term investment. At the end of the year, the market value of the stock was $11,000. The Hampton Company's financial statements for the current year will show:

• A)an unrealized loss of $4,000 on the income statement and short-term investments of $15,000 on the balance sheet.
• B)an unrealized gain of $4,000 on the income statement and short-term investments of $11,000 on the balance sheet.
• C)an unrealized loss of $4,000 on the income statement and short-term investments of $11,000 on the balance sheet.
• D)all of the above.

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Definitions:

Occipital Lobes

The region of the brain located at the back, primarily involved in processing visual information.

Prefrontal Cortex

The frontal part of the brain lobes, associated with complex behaviors including decision making, planning, and moderating social behavior.

Primary Somatosensory Cortex

The region of the brain responsible for processing sensory information from the body, including touch, temperature, and pain.

Hypothalamus

This part of the brain, positioned below the thalamus, plays a pivotal role in controlling the autonomic nervous system and the function of the pituitary, thereby regulating essential homeostatic processes like body temperature, thirst, hunger, and additional systems critical for internal stability.