katwright1124
katwright1124
29.08.2020 • 
Business

During the current year, Cooley Co. had an unrealized gain (related to changes in market risk) of $100,000 on a debt investment classified as available-for-sale. Cooley's corporate tax rate is 25%. What amount of the gain should be included in Cooley's net income and other comprehensive income at the end of the current year

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