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A company has adopted FASB ASC 320 InvestmentsDebt and Equity Securities. It should report the marketable equity securities that it has classified as trading at

A company has adopted FASB ASC 320 InvestmentsDebt and Equity Securities. It should report the marketable equity securities that it has classified as trading at Question 20 options: Fair value, with holding gains and losses included in earnings. Fair value, with holding gains included in earnings only to the extent of previously recognized holding losses. Lower of cost or market, with holding gains included in earnings only to the extent of previously recognized holding losses. Lower of cost or market, with holding gains and losses included in earnings

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