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Kroshka Holdings Corporation has several investments in the debt and equity securities of other companies: 1 0 - year BCE bonds, purchased to earn interest.
Kroshka Holdings Corporation has several investments in the debt and equity securities of other companies:
year BCE bonds, purchased to earn interest.
year GE bonds, intended to be sold if interest rates go down.
Oneyear Government of Canada bonds, purchased to earn interest.
day treasury bill, intended to be held to eam interest.
Bank of Montreal preferred shares, purchased to sell in the near term at a profit.
Loblaw common shares, purchased to sell in the near term at a profit.
of the common shares of Pizzutto Holdings Corporation, a major competitor of Kroshka Holdings.
of the common shares of Kesha inc., one of Kroshka Holdings' suppliers.
a Indicate whether each of the above investments is a nonstrategic or strategic investment.
b Indicate whether each of the above investments would be classified as a current asset or noncurrent asset in Kroshka Holdings balance sheet.
c For each investment that you classified as nonstrategic, indicate the amount the investment will be reported at in the balance sheet assuming that Kroshka is a public company. Select "Not Applicable" if nothing should be reported in the bulance
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