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While in class, Barry can't seem to sit still. He constantly taps his feet on the floor and frequently shifts his position. The energy Barry uses for these involuntary movements is classified as
Net Proceeds
The amount of money received from a sale after subtracting all related expenses and costs.
Fair Value
Amount for which a security could be sold in a normal market.
Trading Securities
Securities bought and held primarily for sale in the near term to generate income on short-term price differences.
Unrealized Gain
The increase in value of an asset that has not been sold yet, therefore the gain is not reflected in the income statement.
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