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If a company has excess cash and purchases bonds to earn interest, the bonds must be reported on the balance sheet at the par value

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If a company has excess cash and purchases bonds to earn interest, the bonds must be reported on the balance sheet at the par value of the bonds. O the fair value of the bonds. O the amortized cost of the bonds. the market value of the bonds A strategic investment can be O bonds or commercial paper. O bonds or shares. O shares only. O bonds only. An example of a reason why a company may make a strategicinvestment is O to enter a new industry. O to profit from changes in share prices, O to earn interest income. all of the above

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