Kohler Company owns the following investments: Trading securities (fair value) $120,000 Available-for-sale securities (fair value) 90,000 Held-to-maturity securities (amortized cost) 94,000 Kohler will report securities in its long-term investments section of

Respuesta :

Answer:

$184,000 or an amount that is lower than $184,000

Explanation:

Calculation for what Kohler will report as securities in its long-term investments section

Available-for-sale securities (fair value) $90,000

Add Held-to-maturity securities (amortized cost) $94,000

Securities in its long-term investments section $184,000

Therefore Kohler will report securities in its long-term investments section of the amount of $184,000 or an amount that is lower than the amount of $184,000 .

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