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Strickland Corporation has invested in 10% of the outstanding stock of Nez Corporation. Strickland intends to actively manage this investment for profit. This investment is
Strickland Corporation has invested in 10% of the outstanding stock of Nez Corporation. Strickland intends to actively manage this investment for profit. This investment is classified as:
an available-for-sale security.
a held-to-maturity security.
a trading security.
a controlling influence security.
a significant influence security.
.
.
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