Question

The following data pertain to Tyne Company’s investments in marketable equity securities.
(Assume that all securities were held throughout 2014 and 2015.)


Required:
1. What amount should Tyne report as unrealized holding gain (loss) in its 2015 income statement?
2. What amount should Tyne report as net unrealized gain (loss) on available-for-sale securities at December 31, 2015, in its statement of stockholders’ equity? Ignore taxeffects.


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  • CreatedSeptember 10, 2014
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