What the amount of the loss that would reported as part

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Problem 1: If Year 1 sales equal $780, Year 2 sales equal $1092, and Year 3 sales equal $980, the percentage to be assigned for Year 2 in a trend analysis, assuming that Year 1 is the base year, is

1- 126%

2- 140%

3- 71%

4- 90%

Problem 2: Shamrock, Inc. has an investment in trading securities of $157000. This investment experienced an unrealized loss of $8700 during the current year. Assuming a 32% tax rate, the amount of this loss that would reported as part of other comprehensive income would be:

1- $50240 loss.

2- $106760 loss.

3- $157000 loss.

4- Non.

Reference no: EM132973392

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