Business, 10.04.2020 20:13, mari530

Fisher Corporation invested $320,000 cash in available-for-sale marketable securities in early December. On December 31, the quoted market price for these securities is $337,000. Which of the following statements is correct? Select one

a. Fisher's December income statement includes a S 17,000 gain on investments
b. Fisher's December 31 balance sheet reports marketable n s at $320,000 and an unrealized holding gain on investments of $17,000.
c. Fishers December 31 balance sheet reports marketable segurities at $337,000 and an unrealized holding gain on investments of $17,000

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Fisher Corporation invested $320,000 cash in available-for-sale marketable securities in early Decem...