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XYZ company purchased 1,500 shares of ABC Incorporation, which brings the total outstanding to 10,000. The company cannot exert significant influence. What should the investment

XYZ company purchased 1,500 shares of ABC Incorporation, which brings the total outstanding to 10,000. The company cannot exert significant influence. What should the investment be classified as?

A. Trading securities

B. Available-for-sale

C. Fair value to Net Income

D. Equity method

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