2014CFA1级-每日一练-财务分析--20140318 commercial, liability, position, purposes, balance

DarienHacker

One of a firm assets is 270-day commercial paper that the firm intends to hold to maturity. One of its liabilities is a short position in a common stock, which the firm holds for trading purposes. How should this asset and this liability be classified on the firm balance sheet?

A)Both should be classified as current.
B)Both should be classified as non-current.
C)One should be classified as current and one should be classified as non-current.



答案 A
The commercial paper should be classified as current because it will be converted to cash in less than a year. A liability that is held primarily for trading purposes, such as this short position, should also be classified as current.

mik82

c吗？？

bpdulog

答案是什么呢