True/False Questions (2 points each) 1. T return. F Increase in the stock price is the only way for the value of an investment in stock to earn a 2. F Equity securities are reported as assets on the balance sheet at their fair value with all changes in value affecting net income. T 3. loss. F A gain or loss recorded on equity securities before it is sold is called an "unreported" gain or 4. T statement F Unrealized gains and losses on equity securities are reported on the owner's income 5. F No gain or los is reported on sale of equity securities