Fisher Corporation has the following investments at September 30, 2020:
What method of accounting will Fisher use to account for its investment in Brooke, if the intent of the business model is to hold the investment for the purpose of collecting contractual cash flows of principal and interest?
A) Amortized cost.
B) Equity method.
C) Fair value through other comprehensive income.
D) Fair value through profit or loss.
Correct Answer:
Verified
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