In June of 2018, Northrim AeroParts found itself in the enviable position of having about $750,000 of
Question:
In June of 2018, Northrim AeroParts found itself in the enviable position of having about $750,000 of discretionary funds and decided to invest in a portfolio of equity securities. The investment is reported at fair value in accordance with GAAP. During the most recent three years, Northrim has not sold any of its investments and is investigating whether any changes are needed. You are an accounting analyst for the company and have been assigned the task of launching an initial investigation. To do so, you created a Tableau Dashboard showing the growth in market value of the portfolio along with that of the cost of the investment. You also charted the rate of growth in comparison with a market index representing stocks with a similar risk profile.