Find carrying value of investment on balance sheet of? ewok, Accounting Basics

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Find carrying value of investment on balance sheet of? ewok

Question: Ewok Enterprises recently elected the fair value option to account for its investment in Yoda Inc. Ewok purchased the shares for $ 214,000 and the shares are currently trading for $ 193,000 at year - end. What is the carrying value of this investment on the balance sheet of? Ewok?

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Accounting Basics: Find carrying value of investment on balance sheet of? ewok

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Accounting Basics: Find carrying value of investment on balance sheet of? ewok

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