On the Balance Sheet, Available-For-Sale Investments in Stock Are Reported

question 69

Multiple Choice

On the balance sheet, available-for-sale investments in stock are reported as:

• A) long-term assets.
• B) current assets.
• C) both long-term assets and stockholders' equity.
• D) either current assets or long-term assets, depending on when the investment is expected to be sold.

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