Question: BE 1 2 - 1 0 Equity securities; financial statement effects LO 1 2 - 5 ? - 1 0 Assume that Adams Industries holds

BE 12-10 Equity securities; financial statement effects LO12-5?-10
Assume that Adams Industries holds 40,000 shares of FedEx common stock, which is not a large enough ownership interest to allow Adams to exercise significant influence over FedEx. On December 31,2024, and December 31,2025, the market value of the stock is $95 and $100 per share, respectively. What is the appropriate reporting category for this investment and at what amount will it be reported in the 2025 balance sheet?
BE 1 2 - 1 0 Equity securities; financial

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