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(50) | , 1 : : Question 3 Not yet answered Morked out of 10 Fog question THIS MULTIPLE CHOICE QUESTION (MCO) IS BASED ON
(50) | , 1 : : Question 3 Not yet answered Morked out of 10 Fog question THIS MULTIPLE CHOICE QUESTION (MCO) IS BASED ON THE WILTON COMPANY SCENARIO BELOW: On 1 January 2018, WILTON Company purchased 6,000 shares in CENTRE Company (for trading) for $80 per share. CENTRE Company paid a Cash Dividend of $6 per share in 2016, S8 per share in 2017 and $10 per share in 2018. WILTON Company owns less than 3% of the shares in CENTRE Company and WILTON Company has no other Equity Investments. Prior to 2016, WILTON Company never held shares or debt investments for trading, Please note the following information also . At the end of 2016, shares in CENTRE Company trade at $25 per share At the end of 2017, shares in CENTRE Company trade at $130 per share. At the end of 2018, shares in CENTRE Company trade at $60 per share MCQ What is the amount of Unrealized Gain or loss which WILTON Company will show in the other Comprehensive Income section of the Statement of Comprehensive Income for 2017? Select one: @a, Unrealized gain of $21,300 b. Zero c. None these answers d. Unrealized loss of $40,000 e. Unrealized gain of $630,000
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