The december 31 2011 market value of the short-term equity, Finance Basics

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The december 31 2011 market value of the short-term equity

Excerpts from the financial statements of Macy Limited are as follows. (Numbers are in thousands.)

REQUIRED:

Compute the following dollar amounts.

a. The December 31, 2011, market value of the short-term equity investments classified as available-for-sale.

b. The balance sheet carrying value of the trading securities sold during 2011.

c. Compute the earnings-per-share dollar amount reported by the affiliate.

d. Compute the per-share dividend declared by the affiliate.

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Finance Basics: The december 31 2011 market value of the short-term equity

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Finance Basics: The december 31 2011 market value of the short-term equity

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