The Effects of Price Changes in Marketable Securities Are Reported

Multiple Choice

The effects of price changes in marketable securities are reported _____.

A) as a gain or loss on the income statement
B) as an increase or decrease in stockholders' equity
C) either as a gain or loss on the income statement or the balance sheet, depending upon the classification of the securities
D) either as a gain or loss on the income statement, depending upon the number of shares owned