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Since Bendi Corp. does not have significant influence over Kala Corp., and the investment is not held for trading, it would likely be classified as
Since Bendi Corp. does not have significant influence over Kala Corp., and the investment is not held for trading, it would likely be classified as an available-for-sale investment. Changes in the fair value of available-for-sale investments are typically reported in Other Comprehensive Income (OCI) until the investment is sold
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