Question: When a company changes from the equity method ef accourting to the fair value method, the cest basis for accounting furposes is the fair value
When a company changes from the equity method ef accourting to the fair value method, the cest basis for accounting furposes is
the fair value of the investment at the date of the change.
Oe carrying value of the investment at the date ef Decharge
The eriginal colt of the inverbment.
the carryig value of the investment at the end ef the last accourting period.
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