The following data pertain to Tyne Companys investments in marketable equity securities. (Assume that all securities were

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The following data pertain to Tyne Company€™s investments in marketable equity securities.
(Assume that all securities were held throughout 2014 and 2015.)

The following data pertain to Tyne Company€™s investments in marketable

Required:
1. What amount should Tyne report as unrealized holding gain (loss) in its 2015 income statement?
2. What amount should Tyne report as net unrealized gain (loss) on available-for-sale securities at December 31, 2015, in its statement of stockholders€™ equity? Ignore taxeffects.

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Related Book For  book-img-for-question

Financial Reporting and Analysis

ISBN: 978-0078025679

6th edition

Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon

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