Solution-What amount of gain or loss would company report

What amount of gain or loss would company report

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Reference no: EM132067644

Question - Company has the following investments which were held throughout 2014-2015:

	Cost	Fair Value
	Cost	12/31/14	12/31/15
Trading	$600,000	$800,000	$760,000
Available-for-sale	600,000	640,000	720,000

What amount of gain or loss would Company report in its income statement for the year ended December 31, 2015 related to its investments?

What amount would be reported as accumulated other comprehensive income related to investments in Instrument Company's balance sheet at December 31, 2014?

Reference no: EM132067644

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What amount of gain or loss would company report

Reference no: EM132067644

Reference no: EM132067644

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