Price Co Reported Net Income of $18,000 for the Current Year

question 97

Multiple Choice

Price Co. reported net income of $18,000 for the current year. It had unrealized losses on available-for-sale debt securities of $1,700 after tax, and a foreign currency translation loss of $700 after tax. What is comprehensive income for the current year?

• A) $18,700
• B) $16,300
• C) $15,600
• D) $17,300

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