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Anthers Inc A) Option a
B) Option B
C) Option C
D)

question 13

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Anthers Inc. bought the following portfolio of trading securities near the end of 2018.  Anthers Inc. bought the following portfolio of trading securities near the end of 2018.   What amount will be reported in the balance sheet for this portfolio at December 31, 2018, and how will it be classified?  \begin{array} { l l l }  & \text { Arnount } & \text { classificatim } \\ \text { a. } & \$ 162,000 & \text { Noncurtent Asset } \\ \text { b. } & \$ 162,000 & \text { Curtent Asset } \\ \text { c. } & \$ 160,000 & \text { Noncurtent Asset } \\ \text { d. } & \$ 160,00 0& \text { Current Asset } \end{array}  A)  Option a B)  Option b C)  Option c D)  Option d What amount will be reported in the balance sheet for this portfolio at December 31, 2018, and how will it be classified?  Arnount  classificatim  a. $162,000 Noncurtent Asset  b. $162,000 Curtent Asset  c. $160,000 Noncurtent Asset  d. $160,000 Current Asset \begin{array} { l l l } & \text { Arnount } & \text { classificatim } \\\text { a. } & \$ 162,000 & \text { Noncurtent Asset } \\\text { b. } & \$ 162,000 & \text { Curtent Asset } \\\text { c. } & \$ 160,000 & \text { Noncurtent Asset } \\\text { d. } & \$ 160,00 0& \text { Current Asset }\end{array}


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