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How are unrealized gains and losses from trading securities reported on the income statement? O O They are ignored, because the investor has the

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How are unrealized gains and losses from trading securities reported on the income statement? O O They are ignored, because the investor has the ability to exercise significant influence over the investee They are reported as a component of net income in the current period They are not reported as a component of net income, but rather as a component of comprehensive income They are ignored, because consolidated financial statements must be prepared that eliminate unrealized gains and losse Investments

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