During 2022, Merry Co. purchased the following shares which it classified as FVPL investment: Shares No. of Shares Cost per share at the time of purchase Fair value per share on December 31, 2022 A...

During 2022, Merry Co. purchased the following shares which it classified as FVPL investment:

Shares	No. of Shares	Cost per share at the time of purchase	Fair value per share on December 31, 2022
A	1,000	P100	P80
B	5,000	P20	P25
C	10,000	P4	P5

What is the value of the FVPL investment on December 31, 2022?

Jun 10, 2022

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