A e O Y 78% i 13:57Vo)LTEabcSAVETextPenBrushIn January 2013, Pennington Bancorpacquired $100,000 of marketable securitiesand classified them as Available for Sale. OnMarch 31, 2013, Pennington prepared its 10-Q and marked the securities down to theirmarket value of $85,000. On April 4, 2013,Pennington sold the securities for $93,000cash.Which of the following items would beincreased by the sale of the marketablesecurities? (check all that apply)Net IncomeAccumulated Other ComprehensiveIncomeCash from Financing ActivitiesCash from Investing ActivitiesMarketable SecuritiesВI U< >!!!!!!

Company has cash flow from different activities operating or financing or investment activities.

red $100,000 of marketable securities lassified them as Available for Sale. On h 31, 2013, Pennington prepared its 10- d marked the securities down to their et value of $85,000. On April 4, 2013, ington sold the securities for $93,000 n of the following items would be ased by the sale of the marketable rities? (check all that apply)

red $100,000 of marketable securities lassified them as Available for Sale. On h 31, 2013, Pennington prepared its 10- d marked the securities down to their et value of $85,000. On April 4, 2013, ington sold the securities for $93,000 n of the following items would be ased by the sale of the marketable rities? (check all that apply)

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter13: Marketable Securities And Derivatives

Section: Chapter Questions

Problem 20E

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