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Masoma Alipur
on Dec 16, 2024

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Comanic Corp. has common stock of $5400000 retained earnings of $2000000 unrealized gains on trading securities of $100000 and unrealized losses on available-for-sale securities of $200000. What is the total amount of its stockholders' equity?

A) $7200000
B) $7400000
C) $7300000
D) $7500000

Unrealized Gains

Profits that have been made on paper through investments but have not yet been realized through the sale of those assets.

Common Stock

A type of ownership in a corporation, typically with voting rights and participation in dividends.

Retained Earnings

The portion of a company's profits that is kept or retained rather than distributed to shareholders or used for investment.

  • Acknowledge the need and display of unrealized gains or losses on investments and their influence on financial statements.
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MA
Mashael ALbargawiDec 23, 2024
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