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Price CoReported Net Income of $12,000 for the Current Year

Question 107

Multiple Choice

Price Co.reported net income of $12,000 for the current year.It had unrealized losses on available-for-sale securities of $1,200 after tax,and a foreign currency translation loss of $500 after tax.What is the comprehensive income for the current year?


A) $12,500
B) $11,300
C) $10,300
D) $11,500

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