Gecko Investments invested in two equity investments during 2021 as follows: Trading Security Equity Investment (significant...

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Gecko Investments invested in two equity investments during 2021 as follows: Trading Security Equity Investment (significant influence) # of Shares Purchased Share Price Cost Dividends Received Year-End Stock Price Total Net Income of Investee Corporation 1,000 25.00 $2.00 per share $22.00 n/a 100,000 (30% of total shares) 30.00 $1.50 per share $35.00 1,000,000 1. What is the total unrealized gain or loss to appear on the income statement? Give both the amount and whether it is a gain or loss. Gecko Investments invested in two equity investments during 2021 as follows: Trading Security Equity Investment (significant influence) # of Shares Purchased Share Price Cost Dividends Received Year-End Stock Price Total Net Income of Investee Corporation 1,000 25.00 $2.00 per share $22.00 n/a 100,000 (30% of total shares) 30.00 $1.50 per share $35.00 1,000,000 1. What is the total unrealized gain or loss to appear on the income statement? Give both the amount and whether it is a gain or loss.

Answer rating: 100% (QA)

To calculate the total unrealized gain or loss for Gecko Investments youll need to determine the dif... View the full answer