B-09.01 Problem

B-09.01 Problem - near-term profit Investment not meeting...

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B-09.01 Determine the "type" and "basic accounting" approach for each of the following categories of investments. You may find this problem easier to complete by using the pick lists on the excel version of this problem. "Type" "Basic Accounting" Investment level generally over 20% but not giving control Investment level usually over 50% Investment with a plan to hold until a particular future event of payoff Investment with the goal of a
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Unformatted text preview: near-term profit Investment not meeting one of the other logical categories Your randomized choices for "type" are: Your randomized choices for "basic accounting" are: Control Fair Value - gains/losses to operating income Available for Sale Fair Value - gains/losses to other comprehensive income Held to Maturity Equity Method Trading Consolidation Significant Influence Amortized Cost...
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