Financial Accounting
Financial Accounting
9th Edition
ISBN: 9781259738692
Author: Libby
Publisher: MCG
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Chapter A, Problem 3CP

1.

To determine

Explain the reason for increase in investment balance from $485,000 to $556,000.

2.

To determine

Indicate the amount of investment revenue reported by Company S.

3.

To determine

Indicate the amount of investment revenue reported by Company S, if the company accounted the investment under fair value method.

4.

To determine

Indicate the amount of investment value reported by Company S, if the company accounted the investment under fair value method.

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Financial Accounting

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