Are debt and equity investments classified as current or non-current investments? Explain.

A.

Debt and equity investments are classified as non-current investments and they are reported at fair value with unrealized gains/losses through net income.

B.

Debt and equity investments could be classified as current or non-current investments, depending on management's intent.

C.

Debt and equity investments could be classified as current or non-current investments, depending on whether the investments earned income or dividends.

D.

Debt and equity investments are classified as current investments and they are reported at fair value with unrealized gains/losses through other comprehensive income.