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Blinder Inc. has a portfolio of marketable equity securities that it does not intend to sell in the near term. How should Blinder Inc. classify

Blinder Inc. has a portfolio of marketable equity securities that it does not intend to sell in the near term. How should Blinder Inc. classify and report gains and losses from these securities if it does not elect the fair value option to report these securities? a. Classify as trading securities and report as a separate component of other comprehensive income. b. Classify as available for sale securities and report as a separate component of other comprehensive income. c. Classify as available for sale securities and report as a component of income from continuing operations. d. Classify as trading securities and report as a component of income from continuing operations.

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