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Ronald Company purchased 5% of the equity securities of another company for $110.000. At the end of the year, the fair value of the securities
Ronald Company purchased 5% of the equity securities of another company for $110.000. At the end of the year, the fair value of the securities was $115,000. How should the investment be reported in the year-end financial statements? Multiple Choice An unrealized holding gain of $5.000 would be reported as a separate component of stockholders' uity O The investment in cul securities would be reported in the balance sheet S 000 cost O The investment in equity Securities would be reported in the newest at 5.000 far e hong of $5,000 would be reported in net income O The investment in equity secures would be reported in the balance sheet is $10,000 purchase costan t ed holding gain or 55.000 would be reported in net income O
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