At the End of Its First Year, the Securities Portfolio

question 128

Multiple Choice

At the end of its first year, the securities portfolio consisted of the following common stocks, all of which represent less than 20% ownership. The unrealized loss to be recognized under the fair value method is

• A)$4,200.
• B)$8,200.
• C)$4,600.
• D)$4,000.

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