Respuesta :
True, when the fair value option is chosen for equity investments with significant influence, the company must report the investments on their line in the balance sheet.
What is the fair value option for calculating and reporting investments?
The fair value option is the option for a business to record its financial instruments at their fair values. GAAP allows this treatment for the subsequent items: A financial asset or financial liability. A firm promise that only involves financial instruments
Where do you put investments on the balance sheet?
A long-term investment is an understanding a company plans to keep for at least a year such as commodities, bonds, real estate, and cash. The account occurs on the asset side of a company's balance sheet.
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