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Business, 20.08.2019 17:10 200002977

Dyckman dealers has an investment in thomas corporation that dyckman accounts for as a trading security. thomas corporation shares are publicly traded on the new york stock exchanges, and the prevailing price on that exchange indicates that dyckman's investment is worth $20,000. however, dyckman management believes that the stock market is generally overvalued and their analysis of the thomas investment suggests to them that it is worth $18,000 dyckman should carry the thomas investment on its balance sheet at:

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