The loss will have no effect on comprehensive income if the company invests $75,000 in trading securities.
Comprehensive income is a term used in economics that includes net incomes and unrealized income including unrealized gains and losses. Comprehensive income consists of all the revenues, gains, and losses that result in the stockholder's equity to change during the accounting period.
Therefore if the unrealized loss is of any amount which in this case where Macarthur, inc invested $75000 in trading securities is $3000 will have no effect on the comprehensive income. Hence the comprehensive income will not change. An unrealized loss is not tax deductible and also does not have a tax benefit. An unrealized gain is also not taxable.
To learn more about comprehensive income; click here:
https://brainly.com/question/13615044
#SPJ4
