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Question 1 (1 point) A company's investment in less than 1% of GE's shares, which it expects to hold for two years and then sell,
Question 1 (1 point) A company's investment in less than 1% of GE's shares, which it expects to hold for two years and then sell, is which type of investment? Strategic Non-strategic Equity
Question 2 (1 point) DuBois Corporation purchased a non-strategic investment in 1,000 shares of Scotiabank (BNS) for $31 per share. On the next balance sheet date, BNS is quoted at $35 per share. DuBois's balance sheet should report. Unrealized gain of $31,000 Investments of $35,000 Investments of $31,000
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