Held-to-maturity investments applies only to debt securities because ________. A. the classification is dependent on the investor's intention to hold the investment until maturity, and equity securities do not mature on a specific date B. these are long-term investments C. these securities earn periodic interest D. the classification is dependent on the investor's level of influence over the investee company
Held-to-maturity investments applies only to debt securities because ________. A. the classification is dependent on the investor's intention to hold the investment until maturity, and equity securities do not mature on a specific date B. these are long-term investments C. these securities earn periodic interest D. the classification is dependent on the investor's level of influence over the investee company
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Held-to-maturity investments applies only to debt securities because ________.
the classification is dependent on the investor's intention to hold the investment until maturity, and equity securities do not mature on a specific date
these are long-term investments
these securities earn periodic interest
the classification is dependent on the investor's level of influence over the investee company
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