Amacon Corporation Has the Following Investments at December 31, 2012

question 103

Multiple Choice

Amacon Corporation has the following investments at December 31, 2012: If Amacon classifies its investment in DEF as held for trading, what amount will be reported in other comprehensive income at December 31, 2012?

• A)$0
• B)$3,000 loss
• C)$3,000 gain
• D)$5,000 gain

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Definitions:

Sexual Partners

Individuals with whom one engages in sexual activity, within the context of a variety of relationship types.

Reproduction

The biological process by which new individual organisms are produced, either sexually or asexually.

Evolutionary Theory

A scientific explanation for the diversity of life, proposing that organisms change over generations through processes of natural selection and genetic variation.

Sexual Motivation

The psychological and physiological factors that guide and influence sexual behavior and desires.