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Business, 24.04.2020 22:52 pkot3409

On December 31, Mars Co. had the following portfolio of stock investments with insignificant influence. Mars had no stock investments in prior periods. Stock Investments Cost Fair Value Apple stock $ 5,700 $ 9,300 Chipotle stock 3,300 1,600 Under Armour stock 12,900 13,700 Prepare the December 31 adjusting entry to report these investments at fair value.

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On December 31, Mars Co. had the following portfolio of stock investments with insignificant influen...
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