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When an investor sells shares of its investee company, which of the following statements is true? Multiple Choice A recognized gain or loss is
When an investor sells shares of its investee company, which of the following statements is true? Multiple Choice A recognized gain or loss is reported as the difference between selling price and original cost. A recognized gain or loss is reported as the difference between carrying value and original cost. A recognized gain or loss is reported as the difference between selling price and carrying value. An unrealized gain or loss is reported as the difference between selling price and carrying value. Any gain or loss is reported as part of comprehensive income.
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