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When the fair value method is used to account for an investment, the carrying value of the investment is affected by
Balance Sheet
A ledger detailing the assets, liabilities, and equity of shareholders of an enterprise at a specific timeframe.
Income Statement
A financial statement that reports a company's financial performance over a specific accounting period, including revenues, expenses, and profit or loss.
Gross Margin
The difference between sales revenue and the cost of goods sold, often expressed as a percentage of sales.
Dividends
Payments made by a corporation to its shareholder members, typically from profits.
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