Asked by Viraj Mistry on Jul 12, 2024
Verified
The primary objectives of investing in temporary investments is to
A) all of these
B) realize gains from increases in market price of the securities
C) receive dividends
D) earn interest revenue
Temporary Investments
Short-term investments made by a company in securities that can be easily converted into cash, typically held for a year or less.
Market Price
The current market price for acquiring or disposing of an asset or service.
Interest Revenue
Income earned from investments, loans, or other financial instruments that pay interest, contributing to a company's total revenue.
- Understand the difference between short-term and long-term investments, and their respective categories.
Verified Answer
Learning Objectives
- Understand the difference between short-term and long-term investments, and their respective categories.
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