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