In 2014,Quito Inc.purchased Stock as Follows

question 12

Essay

In 2014,Quito Inc.purchased stock as follows:
At December 31,2014,the market values of the securities were as follows:
The investments in common stock are classified by Quito Inc.as available-for-sale securities accounted for by the cost method.The fiscal year of Quito ends on December 31.

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Definitions:

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, suggesting that people are motivated by five basic categories of needs: physiological, safety, love/belonging, esteem, and self-actualization, which they pursue in a hierarchical order.

Esteem Needs

According to Maslow's hierarchy of needs, these are the fourth tier of human needs, focusing on self-esteem, respect, status, recognition, strength, and freedom.

Love And Belongingness

A human motivational need, according to Maslow's hierarchy of needs, involving interpersonal relationships, affection, group membership, and love.

Self-Actualization

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone, the highest level of Maslow's hierarchy of needs.