Question
5. __________________________ securities are debt investments not classified as trading or held-to-maturity (HTM) securities. They can be classified as short-term or long-term, based on managements
5. __________________________ securities are debt investments not classified as trading or held-to-maturity (HTM) securities. They can be classified as short-term or long-term, based on managements intent. 6. How equity securities are classified and accounted for depends on the investors ___________________________________ in the other companys (investees) stock. 7. Stock (equity) investments with insignificant influence are stock investments for which the investor owns less than _______% of the voting stock of the investee company. These investments can be classified as short-term or long-term, depending on managements intent and the stocks marketability. 8. Investments are classified as equity securities with significant influence when the investor owns between ________% and ________% of the investee companys voting stock. These investments are always classified as long-term
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