A company reports the following information as of December 31: Sales revenue $950,000 Cost of goods...

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A company reports the following information as of December 31: Sales revenue $950,000 Cost of goods sold 750,000 Operating expenses 85,000 Unrealized holding gain on available-for-sale debt securities, net of tax 45,000 What amount should the company report as comprehensive income as of December 31? $115,000 $245,000 $200,000 $160,000 A company reports the following information as of December 31: Sales revenue $950,000 Cost of goods sold 750,000 Operating expenses 85,000 Unrealized holding gain on available-for-sale debt securities, net of tax 45,000 What amount should the company report as comprehensive income as of December 31? $115,000 $245,000 $200,000 $160,000

Answer rating: 100% (QA)

Answer Option D 160000 Workings Comprehensive Income Statement ... View the full answer