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Two moles of a gas at T = 350 K expand quasistatically and isothermally from an initial volume of 20 L to a final volume of 60 L.The change in entropy of the gas during this expansion is (R = 8.314 J/mol·K)
Fair Value
The estimated market value of an asset or liability, based upon current conditions and mutually informed and willing parties.
Long-Term Investments
Assets that a company intends to hold for more than one year, such as stocks, bonds, or real estate.
Unrealized Gain
An unrealized gain is an increase in the value of an investment or asset that has not been sold, and consequently, the profit has not yet been taken or considered as income.
Fair Value Adjustment
Fair value adjustment involves altering the reported value of a company's assets or liabilities to reflect their current market values.
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