Business, 24.10.2019 01:50 jennashowbiz

Manx company owns one investment, purchased several years ago for $20,000. as of the end of the year two years ago, the investment had increased in value to $26,000. as of the end of the current year, the investment had decreased somewhat in value, to $24,000. manx anticipates selling the investment in the coming year and expects to receive $28,000. under fair value accounting, what would be the value of the investments account on the current year's december 31 balance sheet? $20,000 $26,000 $28,000 $24,000

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Manx company owns one investment, purchased several years ago for $20,000. as of the end of the year...