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Marketable securities Quick question
Are marketable securities always a current asset, what do you guys think?
Purchase/sale of marketable securities may be considered operating or investing activities depending of whether they are held for trading purposes or not.
But is a 10yr Treasury bond a current asset? If it is held for trading purposes it should be a current asset. But in other instances, should it be classified as a current asset? The curriculum does not seem to make a distinction and seems to include marketable securities under current assets. Any comments?
Thanks |
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