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a. 2014
Dec. 31
Fair Value
Cost (Dec 31, 2014)
Arden Enterprises, Inc.
French Broad Industries, Inc.
Pisgah Construction, Inc.
Total
Increase (decrease) in fair value of trading investments
b.
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0%
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Exercise 15-17
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Exercise 15-17
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Solution
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ON
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Instructions
Valuation Allowance for Trading Investments