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Business, 26.02.2020 02:21 bankroll42

Assume that as of December 31, Year 1, the Hawking Inc. stock had a market value of $45 per share and the Pavlov Co. stock had a market value of $36 per share. Galileo Company had net income of $187,100 and paid no dividends for the year ending December 31, Year 1. All of the available-for-sale investments are classified as current assets. a. Prepare the Current Assets section of the balance sheet presentation for the available-for-sale investments.

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Assume that as of December 31, Year 1, the Hawking Inc. stock had a market value of $45 per share an...
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