Use the following information for questions 87 and 88.
Instrument Corporation has the following investments which were held throughout 2014-2015:
-What amount would be reported as accumulated other comprehensive income related to investments in Instrument Corporation's balance sheet at December 31, 2014?

Question

Use the following information for questions 87 and 88.
Instrument Corporation has the following investments which were held throughout 2014-2015: 
-What amount would be reported as accumulated other comprehensive income related to investments in Instrument Corporation's balance sheet at December 31, 2014?

Quizplus · Accepted Answer

Accumulated other comprehensive income related to investments is calculated based on the unrealized gains or losses on those investments. Without specific details on how the investments have performed or any changes in their value, it's not possible to provide a detailed explanation. However, if "C) $40,000 gain" is identified as the correct answer, it suggests that after accounting for all relevant factors, the net change in the value of the investments that would be recognized in other comprehensive income is a gain of $40,000. This could involve adjustments for market fluctuations, impairments, or other factors affecting the fair value of the investments.

Use the Following Information for Questions 87 and 88