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6 Select the reporting category that each of the investments listed below most likely should be accounted for based on the information provided. 2.5
6 Select the reporting category that each of the investments listed below most likely should be accounted for based on the information provided. 2.5 points Item 1. 35% of the nonvoting preferred stock of American Aircraft Company. 2. Treasury bills to be held to maturity. Reporting Category eBook 3. Two-year note receivable from affiliate. Print 4. Accounts receivable. None of these 5. Treasury bond purchased 20 years ago that will mature in one week. References 6. Common stock held in an investment account for immediate resale. 7. Bonds acquired to profit from short-term differences in price. 8. 35% of the voting common stock of Computer Storage Devices Company. 9. 90% of the voting common stock of Affiliated Peripherals, Inc. 10. Corporate bonds of Primary Smelting Company to be sold if interest rates fall 1/2%. 11. 12. 25% of the voting common stock of Smith Foundries Corporation (51% family-owned by Smith family; fair value readily determinable). 17% of the voting common stock of Shipping Barrels Corporation (Investor's CEO on the board of directors of Shipping Barrels Corporation). Check my work
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