Business, 30.10.2019 20:31, mildredelizam

On march 4, 2017, evan co. purchased 1,000 shares of lvc common stock at $80 per share. on september 26, 2017, evan received 1,000 stock rights to purchase an additional 1,000 shares at $90 per share. the stock rights had an expiration date of february 1, 2018. on september 30, 2017, lvc's common stock had a market value, exrights, of $95 per share and the stock rights had a market value of $5 each. what amount should evan report on its september 30, 2017, balance sheet for investment in stock rights?

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On march 4, 2017, evan co. purchased 1,000 shares of lvc common stock at $80 per share. on september...