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Excellent Networks owns the following long term equity investments (it does not have significant influance over any of its investments): Excellent's income statement for the
Excellent Networks owns the following long term equity investments (it does not have significant influance over any of its investments):
i Data Table Number Cost per Year-end Fair Dividend of Shares Share per Share Value per Share $ 1,500 $ 72 76 $ 2.10 Company Brine Corp. Signality, Inc. Solo Ltd. 250 16 17 1.50 800 34 42 0.30 Print Done Excellent's income statement for the year should report
A.) dividend revenue of $3,765
B.) a gain on sale of investment of $12,650
C.) inventments of $139,200
D.) an unrealized loss of $12,650
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