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umka21 [38]
2 years ago
6

Teton, Inc., reported a net gain of $41,400 on its foreign assets due to the weakening of the U.S. dollar in 2017. In the same y

ear, the company disclosed gains of $958,800 on its derivatives and hedges and a $112,800 unrealized gain on its trading securities. The company also reported a $556,200 loss on the sale of some equipment. Which of the following best describes the impact of these transactions on Teton, Inc.'s accounts? A. $1,113,000 increase to net income B. $1,000,200 increase to accumulated other comprehensive income C. $1,000,200 increase to net income D. $ 154,200 increase to accumulated other comprehensive income E. None of the above
Business
1 answer:
sammy [17]2 years ago
6 0

Answer:

Option D is correct one.

$ 154,200 increase to accumulated other comprehensive income

Explanation:

Foreign currency gain = $41,400

Un-realised gain on its trading securities= $112,800

Increase in Accumulated other comprehensive income= $ 154,200

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Below is a set of projects aimed at cleaning up a city's recreational areas.
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Answer:

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The skill you’re focusing on this week is:
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Let M be the number of units to make and B be the number of units to buy. If it costs $2 to make a unit and $3 to buy a unit and
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