On January 2, 2018, All Good Company purchased 10,000 shares of the

On January 2, 2018, All Good Company purchased 7,000 shares
May 5, 2020
KPMG, LLP resigned as the auditor of nutritional-supplement maker Herbalife Ltd
May 5, 2020

On January 2, 2018, All Good Company purchased 10,000 shares of the

stock of Big Bad Company, and DID NOT obtain significant influence. The investment is intended as a long-term investment. The stock was purchased for $14 per share, and represents a 10% ownership stake. Big Bad Company made $225,000 of net income in 2018, and paid dividends to All Good Company of $7,500 on December 15, 2017. On December 31, 2017, Big Bad Company’s stock was trading on the open market for $18.50 per share at the end of the year. Use this information to determine the unrealized gain or loss on the investment that should be reported at year end by All Good Company. If it is a loss, enter as a negative number. Round to nearest whole dollar.

 
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