Information regarding stone co's available-for-sale portfolio of marketable equity securities is as follows: aggregate cost as of 12/31/x2 $170,000market value as of 12/31/x2 148,000 net realized gains during 20x2 30,000 at december 31, 20x1, stone reported an unrealized loss of $1,500 to reduce investments to market value. this was the first such adjustment made by stone on these types of securities. according to sfas no. 115, in its 20x2 statement of comprehensive income, what amount of unrealized loss should stone report?

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

i just took the test and it is financing