Zeep Company purchased shares of Zoop Inc on June 30, 2014 for $7,500. At the end of August these shares are now worth $6,500. Zeep has an unrealized loss on this investment.

Name: Zeep Company purchased shares of Zoop Inc on June 30, 2014 for $7,500. At the end of August these shares are now worth $6,500. Zeep has an unrealized loss on this investment.
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Question

Quizplus · Accepted Answer

Since the value of the shares has decreased from their original purchase price, there is an unrealized loss on the investment.

Zeep Company Purchased Shares of Zoop Inc on June 30