Question
Review the investment portfolio of Berkshire Hathaway Inc. as of December 31, 2023: Investment Market Value ($) Gain/Loss ($) Apple Inc. 2,000,000 500,000 Bank of
Review the investment portfolio of Berkshire Hathaway Inc. as of December 31, 2023:
Investment | Market Value ($) | Gain/Loss ($) |
Apple Inc. | 2,000,000 | 500,000 |
Bank of America Corp. | 1,500,000 | 200,000 |
The Coca-Cola Company | 1,800,000 | -100,000 |
American Express Co. | 1,700,000 | 300,000 |
Moody's Corporation | 1,200,000 | 150,000 |
Compute the total market value and total gain/loss of the investment portfolio.
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Principles of Auditing and Other Assurance Services
Authors: Ray Whittington, Kurt Pany
19th edition
978-0077804770, 78025613, 77804775, 978-0078025617
