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You have been asked by the VP of Finance to identify the appropriate accounting treatment for the following series of investments made by Metaphor Investments
You have been asked by the VP of Finance to identify the appropriate accounting treatment for the following series of investments made by Metaphor Investments Inc.: (Round per share calculations to 1 decimal place in percentage.) - Purchased 89,900 of the 145,000 shares outstanding for The Natural Pharmacy Inc. - Purchased 36,100 of 95,000 shares outstanding for Metro Inc. - Purchased 31,000 of 50,000 shares outstanding for Le Petite Boulangerie Inc. - Purchased 37,950 of 55,000 shares outstanding for Wood Passion Ltd
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