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Short-Term Investments Have an Original Cost of $29,000 and a Market

Question 95

Multiple Choice

Short-term investments have an original cost of $29,000 and a market price of $31,000 at December 31, 2010. At what amount would the investments be measured on the December 31, 2010 balance sheet?


A) $29,000
B) $31,000
C) ($2,000)
D) $2,000

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