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Handy Corporation assists its relocated executives by buying their homes from them at the appraised value, if an acceptable sale cannot be completed before their
Handy Corporation assists its relocated executives by buying their homes from them at the appraised value, if an acceptable sale cannot be completed before their move. What is the nature of Handy's gain or loss on the subsequent sales of the homes to another buyer? Assume that most of the homes are sold at a loss
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