The 2013 annual report of Travel Industries reports the following data about its marketable securities held available-for-sale.
Required:
a. What was the cost of the securities available-for-sale that Travel Industries sold during the year 2013?
b. What was the cost of the securities available-for-sale that Travel Industries purchased during the year 2013?
c. What was Travel Industries' Other Comprehensive Income related to securities available-for-sale for 2013?
d. What were the total gains or losses, net, both realized and unrealized on Travel Industries' securities available-for-sale during the year 2013?
Correct Answer:
Verified
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