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Accounting for Investments Morse Company often invests in the stack of ter companies for long-term purposes None of the stocks currently held by Morse qualify

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Accounting for Investments Morse Company often invests in the stack of ter companies for long-term purposes None of the stocks currently held by Morse qualify for use of the equity method. The following amounts relate to Morse's long-term portfolo securities Total cost Total market Dec 31, 2013 $290 000 230000 Dec 31, 2014 $330.000 2000 Required: Based on the above information proper the author

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