Harvard Co. purchased a trading investment on December 1 of the current year for $30,000. The market value of the stock investment at year-end is $36,000. What value will be reported in net income for the adjustment, if any? $36,000 $6,000 $6,000 $30,000
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Harvard Co. purchased a trading investment on December 1 of the current year for $30,000. The market value of the stock investment at year-end is $36,000. What value will be reported in net income for the adjustment, if any?
- $36,000
- $6,000
- $6,000
- $30,000
Compute the value of company H that will be reported in the net income for the adjustment:
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