An increase in the market value of available-for-sale securities is added to other comprehensive income, which in

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“An increase in the market value of available-for-sale securities is added to other comprehensive income, which in turn is added to income after taxes to get net income.” Do you agree? Explain.

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Introduction to Management Accounting

ISBN: 978-0133058789

16th edition

Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta

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Question Posted: Nov 19, 2014 07:09 AM

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An increase in the market value of available-for-sale securities is added to other comprehensive income, which in

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No It is true that increased in the market value of availableforsale ...View the full answer

Introduction to Management Accounting

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