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What effect does this increase have on moon adjustments

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Reference no: EM133173259

Question - Moon Company owns 56 million shares of stock as a long-term investment in Center Company and Moon does not have significant influence over Center. During 2021, the fair value of those shares increased by $34 million. What effect does this increase have on Moon's 2021 adjustments in the statement of cash flows?

Reference no: EM133173259

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