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Question: 20 the advark companys portfolio of shortterm investments consists of...

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20. The Advark Companys portfolio of short-term investments consists of the following securities Current Market Value $14,000 Acquisition Marketable Securities Cost Bangle Company Stocks Starfly Company-Stocks Downtree Company-Stocks $12,500 8,700 7,000 17,500 17,800 The net amount that should appear on Advarks balance sheet for short-term invest- ments would be C. D. $38,500. 39,000. A. $37,000. B. $38,000.

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