At the end of year 1, rome inc. held marketable debt securities classified as available-for-sale securities. the securities were carried at market value of $57,320 with a net unrealized loss of $12,350. what was the historical cost of the marketable debt securities available for sale

historical cost  is $69,670

Step-by-step explanation:

Given data

market value = $57,320

net unrealized loss = $12,350

to find out

historical cost

solution

we have given market value and net unrealized loss is $12,350 so

So that historical cost of marketable securities debt is sum of both market value and net unrealized loss

historical cost  = market value + net unrealized loss

put value we get

historical cost  = $57320 + $12350

historical cost  = $69,670

alot

step-by-step explanation:

its a wood chuck that can chuck wood

6/20

step-by-step explanation: