The Following Information Is Available for an Enterprise's Security Investments

question 76

Multiple Choice

The following information is available for an enterprise's security investments as of December 31,2014:

What is the 2014 holding gain or loss recognized in 2014 earnings and directly to stockholders' equity?

• A)Earnings: $4,000 loss; Stockholders' Equity: $4,000 loss
• B)Earnings: $4,000 gain; Stockholders' Equity: $4,000 gain
• C)Earnings: $4,000 loss; Stockholders' Equity: $4,000 gain
• D)Earnings: $4,000 gain; Stockholders' Equity: $4,000 loss

---

Definitions:

MAO Inhibitors

A class of medications used to treat depression by inhibiting the action of monoamine oxidase, an enzyme that breaks down neurotransmitters.

Dietary Supplements

Products taken by mouth that contain a "dietary ingredient" intended to supplement the diet, including vitamins, minerals, herbs, or other botanicals.

Tricyclic

An antidepressant drug such as imipramine that has three rings in its molecular structure.

Depression

A low, sad state marked by significant levels of sadness, lack of energy, low self-worth, guilt, or related symptoms.