Professional Documents
Culture Documents
Answer To Quiz Investment
Answer To Quiz Investment
31 Acquisition 940,000
12.31 FV 1,100,000
FV Gain (OCI) 160,000
7 12.31.19 FV 363,000
12.31.18 FV 366,000
FV Loss (PL) (3,000)
8 12.31.19 FV 1,300,000
12.31.18 FV 1,260,000
FV Gain (PL) 40,000
12.31.19 FV 5,000,000
12.31.18 FV 4,800,000
FV Gain (OCI) 200,000
Total 240,000
9 12.31.19 FV 5,000,000
Cost 5,100,000
Accumulated (100,000)
15 12.31.19 FV 3,740,000
12.31.17 Cost 4,000,000
Accum. OCI (Equity) (260,000)
1 B
2 C
3 D
4 D
17 C
18 A