
Investment:
It refers to the process of using the currently held excess cash to earn profitable returns in future. The investments can be made in debt securities such as bonds or equity securities such as shares.
Securities:
Securities are the financial term which is issued by the companies in the secondary market to get the long-term or short-term funds.
Available-for-sale (AFS) securities:
These are short-term or long-term investments in debt and equity securities with an intention of holding the investment for some strategic purposes like meeting liquidity needs or manage interest risk.
To prepare: The

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Chapter 12 Solutions
Financial Accounting 9e Binder Ready Version + WileyPLUS Registration Card
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