Hi there,
If on a balance sheet it says under current assets:
Short term investments: $10,187,638
and under stock holders equity it says:
Accumulated other comprehensive loss ($9,855).
If the accumulated other comprehensive loss is reported at fair value, does it mean that the investment the company made is current negative by $9,855?
Or does it mean something else? Have I understood this correctly?
Many thanks
If on a balance sheet it says under current assets:
Short term investments: $10,187,638
and under stock holders equity it says:
Accumulated other comprehensive loss ($9,855).
If the accumulated other comprehensive loss is reported at fair value, does it mean that the investment the company made is current negative by $9,855?
Or does it mean something else? Have I understood this correctly?
Many thanks