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What amount should traverse co report

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Question - The following data pertains to Traverse Co.'s investments in marketable equity securities:

Market value Cost 12/31/24 12/31/25

$150,000 $155,000 $100,000

What amount should Traverse Co. report as Accumulated Other Comprehensive Income in the Stockholders' Equity section of the 12/31/25 balance sheet?

a. $55,000 credit

b. $55,000 debit

c. $50,000 debit

d. $50,000 credit

e. $0

Reference no: EM132629421

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