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    Exam 13: Measuring and Evaluating Financial Performance
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    The Sale of a Stock from the Available-For-Sale Portfolio Creates
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The Sale of a Stock from the Available-For-Sale Portfolio Creates

Question 47

Question 47

True/False

The sale of a stock from the available-for-sale portfolio creates a gain or loss on the statement of earnings based on the difference between the stock's original cost and its selling price.

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