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Business, 02.03.2020 17:08 Teal3475

"Assume Flag Corp holds equity securities in Red Banner Co"., there is a readily determinable fair value of Red Banner stock, and Flag has no significant influence. Flag also holds securities of Star Co. and has significant influence in Star. The fair value of the stock of both companies increased during the year. How will Flag's investment account be affected by the increase in market price of each

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"Assume Flag Corp holds equity securities in Red Banner Co"., there is a readily determinable fair v...
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