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Indicate the appropriate reporting categories for problem

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Question - Adams Industries holds 40,000 shares of Glasier Co., a large public company. On December 31, 2021, and December 31, 2022, the market value of the share is $95 and $100 per share, respectively. What are the appropriate reporting categories for this investment and at what amount will it be reported in the 2022 statement of financial position?

Can you please indicate the appropriate reporting categories for the problem?

Reference no: EM132603596

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