(Learning Objective 2: Accounting for the sale of an equity-method investment) Use the data given in Short...
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(Learning Objective 2: Accounting for the sale of an equity-method investment) Use the data given in Short Exercise 8-5. Assume that in November 20X7, Fall Motors sold half its investment in Yuza Motors. The sale price was $155 million. Compute Fall Motors’ gain or loss on the sale.
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Related Book For 
Financial Accounting International Financial Reporting Standards
ISBN: 9780273777809
1st Global Edition
Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy
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