Analyzing investments in available for sale securities, Financial Accounting

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Analyzing investments in available for sale securities

Response to the following problem:

Analyze and report investments in available-for-sale securities

California Co. bought 3,500 shares of New Brunswick common stock at $34; 740 shares of Paris stock at $46.25; and 1,380 shares of Ireland stock at $73-all as available-for-sale investments. At December 31, Hoover's Online reports New Brunswick stock at $28.125, Paris at $48.00, and Ireland at $68.00.

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Financial Accounting: Analyzing investments in available for sale securities

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