7. [Marketable securities: assessing investment performance] a. P's investment in marketable secunties consists of an available-for-sale portfolio

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7. [Marketable securities: assessing investment performance]

a. P's investment in marketable secunties" consists of an available-for-sale portfolio and an affiliate carried on the eq- uity basis. Show how the (balance sheet) carrying value for the total investment portfolio was determined.

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The Analysis And Use Of Financial Statements

ISBN: 9780471375944

3rd Edition

Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried

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