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Question 18 (1 point) Beresford Inc, purchased several investments in debt securities during 2018, its first year of operations. The following information pertains to these
Question 18 (1 point) Beresford Inc, purchased several investments in debt securities during 2018, its first year of operations. The following information pertains to these securities. The fluctuations in their fair values are not considered permanent. Held to Maturity Securities: ABC Co. Bonds Trading Securities: DEF Co. Bonds GEH Inc. Bonds IJK Inc. Bonds Fair Value 12/31/2017 $375,000 Fair Value 12/31/2017 $ 48,000 $ 47,000 Fair Value Amortized Cost Amortized Cost 12/31/2018 12/31/2017 12/31/2018 $400,000 $367,500 $360,000 Fair Value 12/31/2018 Cost $ 59,500 $ 66,000 $ 27,000 $ 39,000 $ 44,000 $ 38,500 $ 32,900 Available for Fair Value Sale Securities: LMN Co. Bonds 12/31/2017 $130,500 Fair Value 12/31/2018 $150,400 Cost $140,000 What total unrealized holding gain would Beresford report in its 2019 income statement relative to its investments in debt securities? $55,900 $36.000 $80.900 $48.200 Question 19 (1 point) In the statement of cash flows, inflows and outflows of cash from buying and selling trading securities typically are considered: Investing activities. Operating activities. Financing activities. Noncash financing activities
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