Multiple Choice
What would be the balance in Beresford's accumulated other comprehensive income with respect to their investments in its 12/31/09 balance sheet (ignore taxes) ?
A) $55,100
B) $26,500
C) $10,400
D) None of these is correct.This is the cumulative increase in fair value above cost for its available-for-sale securities.
Correct Answer:
Verified
Correct Answer:
Verified
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