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    Financial Accounting Study Set 26
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    Exam 10: Financial Statement Analysis
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    Smart-T Corporation Purchased an Investment in April for $10,000
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Smart-T Corporation Purchased an Investment in April for $10,000

Question 42

Question 42

True/False

Smart-T Corporation purchased an investment in April for $10,000. If Smart-T Corporation sold this investment on May 30th for $12,000. They would have a realized gain.

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