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2. Investments that are typically held for short periods of time and sold by the company in the expectation of a profit on the short-term

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2. Investments that are typically held for short periods of time and sold by the company in the expectation of a profit on the short-term differences in price are classified as a. available-for-sale securities b. trading securities c. held-to-maturity securities d. marketable securities 3. Which of the following categories of investments are reported at their fair values on the balance sheet and have unrealized holding gains and losses included as a separate component of stockholders' equity? a. held-to-maturity debt securities b. marketable securities c. available-for-sale securities d. trading securities 4. Investments in debt securities include all of the following except a. U.S. treasury securities b. corporate bonds c. preferred stocks that are redeemable at the option of the issuer d. commercial paper Investments in equity securities include all of the following except a. common stocks b. preferred stocks c. convertible bonds d. stock options 5

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