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Accounting

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a. Purchased 450 shares of Florida Fine Foods common stock at $35 per share, with the intent of holding the stock for the indefinite future. Received cash dividend of $1.00 per share on the Florida Fine Foods investment Al year -end, adjusted the investment account to tair value of $37 per share b. c. d. Sold the Flonda Fine Foods stock for the price of $24 per share a. Purchased 450 shares of Florda Fne Foods common stock at $35 per share, with the intent of holding the stock for the

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