When a Company Recognizes Unrealized Losses on Short-Term Passive Investments

question 20

Multiple Choice

When a company recognizes unrealized losses on short-term passive investments in equity securities, its earnings per share:

• A)decreases.
• B)increases.
• C)is not affected.
• D)may increase or decrease depending on the related market value.

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Definitions:

Passionate Kiss

A deep and intense kiss often expressing romantic desire and strong emotions.

Glucose

A simple sugar and an important energy source in living organisms, also the main type of sugar in the blood.

Sodium

A chemical element with the symbol Na and atomic number 11, sodium is a soft, silvery-white, highly reactive metal that is a key component of table salt (sodium chloride).

Phenylalanine

an essential amino acid important for the biosynthesis of other proteins and amino acids in the body.