Consequences of Marking to Market As president of a young technology company, you and your chief financial officer are discussing your great success in investing in other high-growth companies in your industry. When you raised $20 mil- lion in capital, you actually needed $10 million immediately so you invested the other $10 million in a portfolio of dynamic companies. Over the last year, the value of these companies doubled. You are trying to figure out how next year's reported income will compare with this year's if you liquidate that portfolio and invest it in the core business.