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The investments of Giving Tree, Inc. include a single investment: 9,000 shares of Cardio Solutions, Inc. common stock purchased on March 3, 2012, for $22 per share including brokerage commission. These shares were classified as trading securities. As of the December 31, 2012, balance sheet date, the share price increased to $29 per share.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M944260

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