2 Your answer is incorrect. The following information relates to Sweet Co. for the year ended December 31, 2025: net income $1,212.00 million; unrealized holding loss of $11.80 million related to available-for-sale debt securities during the year; accumulated other comprehensive income of $55.20 million on December 31, 2024. Assuming no other changes in accumulated other comprehensive income. Determine (a) other comprehensive income for 2025, (b) comprehensive income for 2025, and (c) accumulated other comprehensive income at December 31, 2025. (Enter answers in millions to 2 decimal places, eg. 25.25. Enter loss using either a negative sign preceding the number eg.-45.2 or parentheses eg. (45.2)) (a) Other comprehensive income (loss) for 2025 $ (b) Comprehensive income for 2025 (c) $ Accumulated other comprehensive income $ eTextbook and Media 118 1223.8 42.4 million million million SU

2 Your answer is incorrect. The following information relates to Sweet Co. for the year ended December 31, 2025: net income $1,212.00 million; unrealized holding loss of $11.80 million related to available-for-sale debt securities during the year; accumulated other comprehensive income of $55.20 million on December 31, 2024. Assuming no other changes in accumulated other comprehensive income. Determine (a) other comprehensive income for 2025, (b) comprehensive income for 2025, and (c) accumulated other comprehensive income at December 31, 2025. (Enter answers in millions to 2 decimal places, eg. 25.25. Enter loss using either a negative sign preceding the number eg.-45.2 or parentheses eg. (45.2)) (a) Other comprehensive income (loss) for 2025 $ (b) Comprehensive income for 2025 (c) $ Accumulated other comprehensive income $ eTextbook and Media 118 1223.8 42.4 million million million SU

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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