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1 of O Which of the following can be classified as a long-term investment? 1. Land held for speculation 2. Investments in ordinary shares non-trading

1 of O Which of the following can be classified as a long-term investment? 1. Land held for speculation 2. Investments in ordinary shares non-trading purposes. 3. Franchise 4. Investments in held-for-collection securities 5. Investment in bonds for trading purposes. 6. A sinking fund a. 1, 2, 4, 6 only b. 3, 4, 6 only c. 2,5 only d. 1, 2, 4, 5, 6 only e. 1, 3, 4, 6 only

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