Business, 12.12.2019 03:31 lilobekker6976

Waterton corporation reported that short-term investments in debt securities consisted of the following (in millions) amortized cost fair value december 31, 2016 short-term investments — available-for-sale debt securities $686.8 $686.9 short-term investments — trading debt securities 80.9 66.0 total short-term investments $767.7 $752.9 which of the following is true? a. waterton's 2016 balance sheet includes short-term investments of $767.7 million. b. unrealized losses of $14.9 million on trading securities are included in 2016 income. c. there are no net unrealized gains on available-for-sale securities. d. accumulated other comprehensive income included no unrealized gains or losses. e. none of the above

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