Question
Following is data for the available-for-sale securities held by Lindy Company as of December 31: calculate Name Number of Shares Cost per Share Fair Value
Following is data for the available-for-sale securities held by Lindy Company as of December 31: calculate
| Name | Number of Shares | Cost per Share | Fair Value per Share | Total Cost | Total Fair Value |
| Laurie, Inc. | 1,200 | $15.00 | $15.40 |
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| Scott Corp. | 800 | 8.00 | 8.25 |
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| Stephanie Company | 700 | 14.40 | 13.50 |
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| Timmer Company | 900 | 12.35 | 10.77 |
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| Total |
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Step by Step Solution
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Fundamental Managerial Accounting Concepts
Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Olds
8th edition
978-1259569197
