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Business, 12.07.2019 12:00 ceciliaaa

At the beginning of the year, wilson steel, inc. purchased 10,000 shares of barnes metals, inc. for $34,000 in exchange for cash and now holds 3.2% of the voting stock of barnes metals, inc. the management of wilson steel intends to hold this stock for two years. assuming no other transaction happened during the year, the in the balance sheet will increase.

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