Question: Please help with the two questions. Current Attempt in Progress Teal Mountain Inc. has an investment in trading securities of $161000. This investment experienced an
Please help with the two questions.


Current Attempt in Progress Teal Mountain Inc. has an investment in trading securities of $161000. This investment experienced an unrealized loss of $9100 during the current year. Assuming a 35% tax rate, the amount of this loss that would reported as part of other comprehensive income would be: O None. O $56350 loss. O $104650 loss. O $161000 loss.Current Attempt in Progress Splish Brothers Inc. has the following Income Statement (in millions): SPLISH BROTHERS INC. Income Statement For the Year Ended December 31, 2023 Net Sales $400 Cost of Goods Sold 260 Gross Profit 140 Operating Expenses 40 Net Income $ 100 Using vertical analysis, what percentage is assigned to gross profit? 100% O 35.0% O 53.8% 65.0%
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