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please answer both the questions thank you Intercompany comparisons are useful for understanding a company's O a. competitive position. O b. ability to repay debt.

please answer both the questions thank you
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Intercompany comparisons are useful for understanding a company's O a. competitive position. O b. ability to repay debt. Oc changes in financial relationships. Od short-term goals. Trubber Ltd. purchased 1,000 common shares of Jack Co. on September 1 for $13 per share. At December 31, Trubber's year end, Jack's shares are selling for $16 and Jack reported net income of $120,000. Assuming Trubber accounts for the investment using FVTPL, the adjust to the investment account at year end would be a. debit to FVTPL Investments - JackCo. for $1,000. O b. debit to FVTPL Investments - Jack Co. for $3,000. Occredit to FVTPL Investments - Jack Co. for $1,000. Od credit to FVTPL Investments - Jack Co. for $3,000

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