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1. Short-term investments usually reported in current assets on the balance sheet yet firms reports purchases and sales of investment securities as investing activities on
1. Short-term investments usually reported in current assets on the balance sheet yet firms reports purchases and sales of investment securities as investing activities on the statement of cash flows. Explain why changes in investment securities are investing activities while changes in most other current assets (such as accounts receivable and inventories) are operating activities Rec mid vet
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