2. Business
  3. Accounting
  4. Roe Inc.’s non-strategic investments as of December 31, 2014, are

Roe Inc.’s non-strategic investments as of December 31, 2014, are

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Roe Inc.’s non-strategic investments as of December 31, 2014, are as follows:


Roe Inc. had no investments prior to 2014.
Required
1. Prepare the impairment adjustment at December 31, 2014, based on the information provided.
2. Illustrate how the investments will be reported on the December 31, 2014, balancesheet.

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