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Select the reporting category that each of the investments listed below most likely should be accounted for based on the information provided. 1. 35% of
Select the reporting category that each of the investments listed below most likely should be accounted for based on the information provided. 1. 35% of the nonvoting preferred stock of American Aircra Company. Consolidation 2 Treasury bills to be held to maturity. quity method Two-year note receivable from ailiate. air value through net income . Accounts receivable. one of these . Treasury bond purchased 20 years ago that will mature in one week. Securities availableforsale . Common stock held in an investment account for immediate resale. ' ecun'ties held-to-matun'ty . Bonds acquired to prot from short-term differences in price. Trading securities . 35% of the voting common stock of Computer Storage Devices Company. . 90% of the voting common stock ofAlfiliated Peripherals. Inc. . Corporate bonds of Primary Smelting Company to be sold if interest rates fall 12%. 25% of the voting common stock of Smith Foundries Corporation [51% family-owned ' by Smith family; fair value readily determinable}. 1?% of the voting common stock of Shipping Barrels Corporation (Investor's CEO on ' the board of directors of Shipping Barrels Corporation}
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