Question 7 When the fair value of a company's portfolio of passive investments in marketable equity securities exceeds its book value, the difference should be: CA. Added to the investment account B. Added to stockholders' equity of the investee C. Written off as an impairment D. Added to goodwill E. None of the above Questions 2 points ave The 20x9 financial statement of Irvine ine reported Net revenues of $19,425,412 and Cost of goods sold of $7.204,884. Note 3 to the financial statements reported that Inventories consisted of 20x9 20XS Winemaking and packaging materials $ 817,836 Work-in-process 6,634,014 6,058, 701 Finished goods 4 SIR RO6 3. 3.469 Total inventories $11.970.656 $10,612,462 0.292 The inventory turnover for 20x9 was O 057 0.59 0.064 01.71 OE None of the above Question 9 Which of the following should NOT be included in accumulated other compreh A Minimum pension liability B. Currency translation adjustment OC. Gains and losses on derivatives and hedges OD Unrealized gains and losses on trading securities O E. All of the above are included in AOCI