Business, 17.12.2019 21:31, tkdurocher

During 2017, grambling company purchased 10,000 shares of southern corp. common stock for $215,000 as a passive interest investment. the fair value of these shares was $289,000 at december 31, 2017. during 2018, grambling sold all of the southern stock for $226,000. grambling company should report a realized gain on the sale of stock in 2018 of.

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During 2017, grambling company purchased 10,000 shares of southern corp. common stock for $215,000 a...