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Question 22 Crane Company owns the following investments: Trading securities (fair value) Available-for-sale securities (fair value) $154500 68500 Held-to-maturity securities (amortized cost) 93000 Crane
Question 22 Crane Company owns the following investments: Trading securities (fair value) Available-for-sale securities (fair value) $154500 68500 Held-to-maturity securities (amortized cost) 93000 Crane will report investments in its current assets section of exactly $154500. $0. $154500 or an amount greater than $154500, depending on the circumstances. O exactly $223000.
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