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albu 1.000 les of Putra Corporation of Albatta 5185 per share. Assume AT Carital expect to hold the Petro neparation share for one month and

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albu 1.000 les of Putra Corporation of Albatta 5185 per share. Assume AT Carital expect to hold the Petro neparation share for one month and then sell the The purchase our December 15, 2014. At December 31, the market price of Per Corporation $195 per share 1) What type of investment is this to MIT Capital? Gre the reason for your answer 2) Record MIT Capital's purchase of the Potro share on December 15 and the wustment to fur value on December 31 3) Show how MIT Capital would report this investment on its balance sheet at December 31 and any gain or loss on its income statement for the year ended December 31, 2014 albu 1.000 les of Putra Corporation of Albatta 5185 per share. Assume AT Carital expect to hold the Petro neparation share for one month and then sell the The purchase our December 15, 2014. At December 31, the market price of Per Corporation $195 per share 1) What type of investment is this to MIT Capital? Gre the reason for your answer 2) Record MIT Capital's purchase of the Potro share on December 15 and the wustment to fur value on December 31 3) Show how MIT Capital would report this investment on its balance sheet at December 31 and any gain or loss on its income statement for the year ended December 31, 2014

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