In 2014,Quito Inc.purchased stock as follows:
At December 31,2014,the market values of the securities were as follows:
The investments in common stock are classified by Quito Inc.as available-for-sale securities accounted for by the cost method.The fiscal year of Quito ends on December 31.

Question

In 2014,Quito Inc.purchased stock as follows:
  At December 31,2014,the market values of the securities were as follows:
  The investments in common stock are classified by Quito Inc.as available-for-sale securities accounted for by the cost method.The fiscal year of Quito ends on December 31.

Quizplus · Accepted Answer

The Answer of In 2014,Quito Inc.purchased stock as follows:
  At December 31,2014,the market values of the securities were as follows:
  The investments in common stock are classified by Quito Inc.as available-for-sale securities accounted for by the cost method.The fiscal year of Quito ends on December 31.

In 2014,Quito Inc.purchased Stock as Follows