In 2022, vxtunarflagi hf. purchased shares worth 10,000 shares in Suurferir hf. for ISK 215,000 and classified the investment as a financial asset for sale. At year-end 2022, the fair value of the shares in Suurferir hf. was 289,000. The Yield Company hf. sold shares in Suurferir hf. in 2022 for 226,000. 

What is the realized profit on the sale of shares in Suurferir hf.?

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To calculate the realized profit on the sale of shares in Suurferir hf we need to determine the d... View the full answer