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Fulton Company owns the following investments: Trading securities (fair value) $60,000 Available-for-sale securities (fair value) $35,000 Held-to-maturity securities (amortized $47,000 cost) Fulton will report investments
Fulton Company owns the following investments: Trading securities (fair value) $60,000 Available-for-sale securities (fair value) $35,000 Held-to-maturity securities (amortized $47,000 cost) Fulton will report investments in its current assets section of O $60,000 or an amount greater than $60,000, depending on management's intent at the Balance Sheet date. O exactly $95,000. $0 exactly $60,000
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