the national leukemia society maintains a portfolio of temporary equity investments 4376013

The National Leukemia Society maintains a portfolio of temporary equity investments. At December 31,2013, the Society holds the following securities: Quarterly dividends paid in 2014 on each investment were as follows: Alpha Corporation……………………………………….. $1.50 / share Beta, Inc …………………………………………………. 0.40 / share Sigma Company …………………………………………. 1.60 / share At December 31, 2014, fair values of the above securities are as follows. No securities where bought or sold during 2014. 300 shares of Alpha Corporation ……………………………………………… $ 19,700 1,000 shares of Beta, Inc ……………………………………………………… 304, 000 200 shares of Sigma Company ………………………………………………… 46,800 Required Prepare a schedule showing the investment income recognized on the Society’s 2014 statement of activities, including any unrealized gains or losses? View Solution:
The National Leukemia Society maintains a portfolio of temporary equity

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