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The dividends are at $1.00 and $1.15, respectively. As financial reporting advisors, we are asked by the head of Sterling Company to advise in accounting

The dividends are at $1.00 and $1.15, respectively.
As financial reporting advisors, we are asked by the head of Sterling Company to advise in accounting for stock investments.
1. Prepare Sterlings December 31 year-end adjusting entry to report its stock investments with insignificant influence at fa
1. Prepare Sterlings December 31 year-end adjusting entry to report its stock investments with insignificant influence at fa

As financial reporting advisors, we are asked by the head of Sterling Company to advise in accounting for stock investments. This is the first year Sterling had extra cash to invest in stock investments, and it purchased 1,000 shares of LDX for $23 on January 1 of this year. The Tableau Dashboard is provided to aid us in our analysis. Fair Value $30,000 $27,500 $25,000 $22,500 $20,000 $17,500 $15,000 January 1 Fair Value of Stock Investments Portfolio Dividend Dividend December 31

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