Question
Brief Exercise 17-09 Incorrect answer. Your answer is incorrect. Try again. The following information relates to Moran Co. for the year ended December 31, 2020:
Brief Exercise 17-09 Incorrect answer. Your answer is incorrect. Try again. The following information relates to Moran Co. for the year ended December 31, 2020: net income $1,245.7 million; unrealized holding loss of $10.9 million related to available-for-sale debt securities during the year; accumulated other comprehensive income of $57.2 million on December 31, 2019. Assuming no other changes in accumulated other comprehensive income. Determine (a) other comprehensive income for 2020, (b) comprehensive income for 2020, and (c) accumulated other comprehensive income at December 31, 2020.
Determine (a) other comprehensive income for 2020, (b) comprehensive income for 2020, and (c) accumulated other comprehensive income at December 31, 2020. (Enter answers in millions to 1 decimal place, e.g. 25.5. Enter loss using either a negative sign preceding the number e.g. -45.2 or parentheses e.g. (45.2).)
(a) | Other comprehensive income(loss) for 2020 | $enter your answer in millions of dollars rounded to 1 decimal place | million | ||
---|---|---|---|---|---|
(b) | Comprehensive income for 2020 | $enter your answer in millions of dollars rounded to 1 decimal place | million | ||
(c) | Accumulated other comprehensive income | $enter your answer in millions of dollars rounded to 1 decimal place | million |
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