On February 15, 2010, IBM invests $50,000 in 3M Corporation stock At December 31, 2010, the stock investment is now worth $72,000 and at December 31, 2011, the investment is worth $85,000 Assuming that IBM's net income is $200,000 in 2010 and $300,000 in 2011, answer the following 1 What is other ...

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... On February 15, 2010, IBM invests $50,000 in 3M Corporation stock. At December 31, 2010, the...

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On February 15, 2010, IBM invests $50,000 in 3M Corporation stock. At December 31, 2010, the stock investment

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