Question: On March 1 5 , 2 0 2 2 , an investor company owns 3 5 % of the outstanding common stock of an investe
On March an investor company owns of the outstanding common stock of an investe and can exercise significant influence over the investee. On March immediately preceding the sale of of the investee's outstanding common stock to an unaffiliated party, the balance of Equity Investment account was $ The investor company sold the interest in the invested for $ The investor company determined that after the sale of its interest it could no long exert significant influence over the investee, that the remaining investment does not have a rea determinable fair value.
ordeny exchange
What is the carrying amount of the Equity Investment for these:
Orderly Exchange
No Orderly Exchange
equity
betance
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