Question: When using the fair value method, we adjust the reported amount of the investment for changes in fair value after its acquisition. How is the

When using the fair value method, we adjust the reported amount of the investment for changes in fair value after its acquisition. How is the change in fair value reflected in the income statement?

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Fair value is a term with several meanings in the financial world In investing it refers to an assets sale price agreed upon by a willing buyer and se... View full answer

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