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Required information [The following information applies to the questions displayed below) Franklin, Inc, accumulates large amounts of excess cash throughout the year. It typically invests
Required information [The following information applies to the questions displayed below) Franklin, Inc, accumulates large amounts of excess cash throughout the year. It typically invests these funds in marketable securities, both short term and long term. The company's most recent financial statements revealed a net unrealized loss on marketable securities of $100,000. Footnotes to the financial statements disclosed that Franklin, Inc., reports its marketable securities at fair value a. Which of the following are true about the net unrealized loss on marketable securities? (You may select more than one ansiter. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) This loss hos been finalized through an actual sale of the investments its amount will remain constant irrespective of market fluctuations the amount of loss that would be realized in the investments were sold today is the difference between the cost of these investments and their current market value hs amount will change as market values fluctuate This to hannot been finalized through an actual sale of the investments
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