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Quiz Instructions Question 3 3 pts Short-Term Equity Investment What would a corporation do with an increase in the value of a short-term equity investment

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Quiz Instructions Question 3 3 pts Short-Term Equity Investment What would a corporation do with an increase in the value of a short-term equity investment (the security has increased in value since the purchase date)? The corporation did not sell the security (at the year-end date). The corporation would increase the value of the security (for year-end reporting). The corporation would place the realized gain on the income statement. The corporation should amortize the value the security increased by during the current period. The corporation would do nothing because the corporation did not sell the security (during the current reporting period). Next

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