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 4 fell
Sivemil
Consider the following two separate events for a company during the year:
Loss on sale of investments =$20.
Unrealized gain on investment from increase in falr value =$30.
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 $10.
Decrease of $20.
Decrease of $10.
Increase of $30.
Enabled: Midterm Help Seve 4 fell Sivemil

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