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    Exam 14: PPA: Reporting and Interpreting Investments in Other Corporations
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    On January 1, 2016, Heitzman Company Purchased the Following Shares
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On January 1, 2016, Heitzman Company Purchased the Following Shares

Question 1

Question 1

Essay

On January 1, 2016, Heitzman Company purchased the following shares of stock as a long-term investment in available-for-sale securities: On January 1, 2016, Heitzman Company purchased the following shares of stock as a long-term investment in available-for-sale securities:   The fair value of the stocks subsequently were as follows:   Required: Calculate the  Net unrealized gains/losses,  at both December 31, 2016 and December 31, 2017. The fair value of the stocks subsequently were as follows: On January 1, 2016, Heitzman Company purchased the following shares of stock as a long-term investment in available-for-sale securities:   The fair value of the stocks subsequently were as follows:   Required: Calculate the  Net unrealized gains/losses,  at both December 31, 2016 and December 31, 2017. Required:
Calculate the "Net unrealized gains/losses," at both December 31, 2016 and December 31, 2017.

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