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9) Marketable securities that the investor company buys only with the intent to resell them sbamke are called a. available-for-sale securities b. underpriced securities c.

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9) Marketable securities that the investor company buys only with the intent to resell them sbamke are called a. available-for-sale securities b. underpriced securities c. trading securities d. options 10) An investor in trading securities has the following information available at December 31, 2012: Market value of trading securities Acquisition cost of trading securities $10,000 $9,000 How does the investor report the change in market value on the trading securities at December 31, 2012? a. unrealized loss of $1,000 on income statement b. unrealized gain of $1,000 on income statement c. $1,000 is added to other comprehensive income account on the balance sheet d. $1,000 is subtracted from the other comprehensive income account on the balance sheet

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