At the end of its first year, the securities portfolio consisted of the following common stocks, all of which represent less than 20% ownership. The unrealized loss to be recognized under the fair value method is
A)$4,200.
B)$8,200.
C)$4,600.
D)$4,000.

Question

At the end of its first year, the securities portfolio consisted of the following common stocks, all of which represent less than 20% ownership.  The unrealized loss to be recognized under the fair value method is
A)$4,200. 
B)$8,200. 
C)$4,600. 
D)$4,000.

Quizplus · Accepted Answer

The Answer of At the end of its first year, the securities portfolio consisted of the following common stocks, all of which represent less than 20% ownership.  The unrealized loss to be recognized under the fair value method is
A)$4,200. 
B)$8,200. 
C)$4,600. 
D)$4,000.

At the End of Its First Year, the Securities Portfolio