Kroshka Holdings Corporation has several investments in debt and equity securities of other companies: (a) (b) Indicate whether each of the above investments is a non-strategic or strategic investment. For each investment that you classified as non-strategic in part (a), indicate whether it is a trading investment, an investment that will be held until maturity to earn interest, or an investment that does not relate to these two categories. Indicate whether each of the above investments would be classified as a current or non-current asset on Kroshka Holdings' statement of financial position. (c) (a) (b) (c) 1. Non-Strategic Held until maturity Non-current asset 2. Strategic Trading Non-current asset 10-year BCE bonds, intended to be held until the bonds mature. 10-year GE bonds, intended to be sold if interest rates go down. Five-year Government of Canada bonds, intended to be sold if cash is needed, which is likely. 180-day treasury bill. 3. 4. 5. 6. Bank of Montreal preferred shares, purchased for the dividend income. Common shares in public companies purchased to sell in the near term at a profit. These shares are part of an investment portfolio that is actively traded. Trading Held until maturity Neither trading or held to maturity