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Which of the following is an example of physical change?
Long-Term Investments
Assets that are more than 1 year old and are carried on the balance sheet at cost or book value with no appreciation.
Stocks
Shares of ownership in a company that represent a claim on the company's earnings and assets, which can be bought and sold in the stock market.
Bonds
The connections with family, friends, and others who have a similar cultural background or ethnicity.
Balance Sheet
A financial statement that reports a company's assets, liabilities, and shareholders' equity at a specific point in time.
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