A company's investment in less than (1 %) of GE's shares, (4) which it expects to hold

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A company's investment in less than $1 \%$ of GE's shares, (4) which it expects to hold for two years and then sell, is which type of investment?

a. Strategic

b. Equity

c. Non-strategic

d. Consolidation

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Financial Accounting

ISBN: 9780135433065

7th Canadian Edition

Authors: Walter Harrison, Wendy Tietz, C. Thomas, Greg Berberich, Catherine Seguin

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Question Posted: May 10, 2024 09:02 AM

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A company's investment in less than (1 %) of GE's shares, (4) which it expects to hold

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Financial Accounting

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