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Trading equity securities.
Korman Company has the following securities in its portfolio of trading equity securities on December 31, 2010:
Cost Fair Value
5,000 shares of Thomas Corp., Common $155,000 $139,000
10,000 shares of Gant, Common 182,000 190,000
All of the securities had been p...
This question was answered on: Oct 24, 2017
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