What is the total contribution to net income from the equity portfolio? If the available...
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What is the total contribution to net income from the equity portfolio? If the available for sale securities were recorded as trading securities what would the total contribution to net income be for the equity portfolio? What is the carrying value of the fixed-income portfolio? What change in the fixed income portfolio would you make to have a positive effect on reported net income? What is the value of the change?
Table 1 CBAD Equity Portfolio at year end ($ thousands) Security Company A Company B Trading Available for Sale $85,000 $100,000 Classification Cost Company Available for Sale $175,000 Market Value $90,000 $101,000 $168,000 Dividends $1,000 $2,500 $3,000 Table 2 CBAD Fixed Income Portfolio at year end ($ thousands) Security Company D Company E Trading Available for Sale $20,000 $30,000 Classification Cost Company F Held to Maturity $50,000 Market Value $25,000 $38,000 $48,000 Interest $1,000 $2,000 $3,000
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