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Please help, cannot figure out why the answer is (14). Thanks! The following data pertains to Onyx Co's investments in marketable debt securities: Market value
Please help, cannot figure out why the answer is (14). Thanks!
The following data pertains to Onyx Co's investments in marketable debt securities: Market value Cost 12/31/2019 12/31/2020 155 120 183 133 142 128 Trading Available-for-sale Note: The available-for-sale security is not deemed to be impaired. What amount should Onyx report as unrealized gain (loss) in its Year 2 statement of other comprehensive income? (no answer) Correct Answer: -14Step by Step Solution
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