Unemployment rate and stock market performance
Discuss the relationship between unemployment rate and stock market performance.
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On both December 31, 2012, and December 31, 2013, Kopp Co.'s only equity security investment had the same fair value, which was below its original cost. Kopp considered the decline in value to be temporary in 2012 but other-than-temporary in 2013.
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Will each of the following increase, decrease, or have no effect on the natural rate of unemployment? Explain your answers. (Hint: I'm asking about the natural rate of unemployment, not the unemployment rate in general.
What is the proportion of total sales represented by foreign sales? How has this changed over the past five to ten years?
Prepare the stockholders' equity section of the company's balance sheet before and after the stock split. What entry, if any is needed to record the stock split?
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