Regarding the investment in Wella, Coty reports this investment on its balance sheet at fair...

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Accounting

Regarding the investment in Wella, Coty reports this investment on its balance sheet at fair value and the income effects related to this investment (which are included in net other income) represent revaluation gains and losses. That is, if the value of Wellas shares increased (decreased) during the fiscal year, Coty recognizes a revaluation gain (loss). How would you treat the gains (losses) on Cotys investment in Wella?
Group of answer choices
Both gains and losses should be included in core NOPAT and NOPAT.
Both gains and losses should be included in NOPAT but excluded from core NOPAT.
Gains should be included in core NOPAT and NOPAT. Losses should be excluded from core NOPAT but included in NOPAT.
Losses should be included in core NOPAT and NOPAT. Gains should be excluded from core NOPAT but included in NOPAT.
Gains (losses) should increase (decrease) net financial expense.
Gains (losses) should decrease (increase) net financial expense.

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