Business
Business, 17.04.2020 03:57, deja163

Bendi Corp. purchased 1,000 shares of Kala Corp. for $16 per share. The investment represents 5% ownership, and Bendi does not have significant influence. The fair value at year-end is $15 per share. Assuming no other transactions occurred, where would the $1 per share difference be reported on the year-end financial statements?

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Bendi Corp. purchased 1,000 shares of Kala Corp. for $16 per share. The investment represents 5% own...

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