consider the following two separate events for a company during the year: 1. loss on...
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Accounting
consider the following two separate events for a company during the year:
1. loss on sale of investments = $20.
2. unrealized gain on investment from increase in fair value = $30.
the company reports the unrealized gain as a component of other comprehensive income. by how much would these two events affect the balance of retained earnings, ignoring tax effects?
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