Business, 26.02.2020 00:17 mariahdelossantos031

Crane Corporation has the following long-term investments.
(1) Common stock of Eidman Co. (10% ownership), cost $111,500, fair value $118,500.
(2) Common stock of Pickerill Inc. (30% ownership), cost $211,500, equity $261,500.
(3) Debt investment, cost $101,500, fair value $161,500.

Prepare the investments section of the balance sheet.

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Crane Corporation has the following long-term investments.
(1) Common stock of Eidman Co. (10...

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