Question: Enabled: Midterm Help Seve 4 fell Sivemil Consider the following two separate events for a company during the year: Loss on sale of investments =
Enabled: Midterm
Help
Seve fell
Sivemil
Consider the following two separate events for a company during the year:
Loss on sale of investments $
Unrealized gain on investment from increase in falr value $
The company reports the unrealized gain as a component of other comprehensive income. By how much would these two events affect the balance of retained earnings, ignoring tax effects?
Multiple Choice
increase of $
Decrease of $
Decrease of $
Increase of $
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