Stock Trader,Inc.began operations in 2012.Stock Trader has acquired a number of equity investments during 2012.None have been sold.Stock Trader exerts no influence over any of its investments each of which represents a small percentage of the investee.An analysis of Stock Trader's investment portfolios shows the following totals at December 31,2012:
Based on the information provided,describe how Stock Trader would present this information in its financial statements.You should discuss what amounts would appear in each financial statement.
Definitions:
Osteoporosis
A medical condition characterized by the weakening of bones, making them fragile and more likely to fracture.
Lifestyle Changes
Modifications or adjustments made in daily habits and practices to improve health and well-being.
Bone Scans
Bone scans are nuclear imaging tests that detect bone damage or diseases, such as cancer, infections, or fractures, by injecting radioactive tracers into the bloodstream.
Diagnose
The process of identifying a disease or condition from its signs and symptoms through examination, testing, and analysis.
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