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Dumois Corporation purchased a non-strategic investment in 1,700 shares of Scotiabank (BNS) for $27 per share. On the next balance sheet date, BNS is quoted
Dumois Corporation purchased a non-strategic investment in 1,700 shares of Scotiabank (BNS) for $27 per share. On the next balance sheet date, BNS is quoted at $31 per share. Dumois' balance sheet should report O A. unrealized loss of $6,800. B. investments of $45,900. C. investments of $52,700. OD. unrealized gain of $45,900
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