Question
Jim Sox Company owns debt securities classified as available for sale which were acquired in 2016 at face value of $17 million. During 2018, the
Jim Sox Company owns debt securities classified as available for sale which were acquired in 2016 at face value of $17 million. During 2018, the fair value of those securities increased by $220000. What effect did this increase have on Sox's 2018 statement of cash flows?
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Advanced Quality Auditing An Auditors Review Of Risk Management Lean Improvement And Data Analysis
Authors: Lance B Coleman
1st Edition
163694082X, 978-1636940823
