H R Block reported the following account on its statement (dollars in thousands) Assume no purchases were made of marketable securities during 20132015 REQUIRED a Did the market value of H R Blocks marketable securities increase or decrease in 2013, 2014, and 2015 b Can H R Block manage its earning...

H&R Block reported the following account on its statement (dollars in thousands): Assume no purchases were made

Question:

H&R Block reported the following account on its statement (dollars in thousands): Assume no purchases were made of marketable securities during 2013€“2015.

2014 2015 2013 $1,807 $269 $6,645 Unrealized gains on securities

REQUIRED:
a. Did the market value of H&R Block€™s marketable securities increase or decrease in 2013, 2014, and 2015?
b. Can H&R Block manage its earnings by choosing when to sell certain of its marketable securities?

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