Question: Brief Exercise 1 2 - 1 0 ( Static ) Equity securities; financial statement effects [ LO 1 2 - 5 ] Assume that Adams

Brief Exercise 12-10(Static) Equity securities; financial statement effects [LO12-5]
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?
Fair value through net income
Equity method
Consolidation
Brief Exercise 1 2 - 1 0 ( Static ) Equity

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