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Describe the two basic strategies of unions in increasing wage rates for their members.
Unrealized Holding
Refers to the increase or decrease in the value of an investment that has not yet been sold by the holder.
Realized Gains
Profits made from selling an asset at a higher price than its purchase cost, which has been actually earned and can be reported in financial statements.
Available-for-Sale Securities
Financial assets that are held for sale in the short term and which can be converted into cash, generally classified as current assets.
Fair Values
The estimated market value of an asset or liability, based on current market prices.
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