What is the effect on a company's cash flows and reported profit from accounting for an investment as a trading security as compared to accounting for it as an available-for-sale security?
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Effect on Total Cash Flows Effect on Net Income
a. Little, if any, effec Little, if any, effect
b. Significant effect Significant effect
c. Little, if any, effect Significant effect
d. Significant effect Little, if any, effect
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