Asked by Katherin Mejia on Jun 04, 2024
Verified
When a company has long-term investments,it means it ______.
A) has cash,stocks,bonds,and/or real estate that has been on its books longer than one year
B) should be selling them soon so it can become short-term profit
C) has more cash than it needs and it is wasting it on long-term investments
D) is going for a bank loan
Long-Term Investments
Assets that are more than 1 year old and are carried on the balance sheet at cost or book value with no appreciation.
Stocks
Shares of ownership in a company that represent a claim on the company's earnings and assets, which can be bought and sold in the stock market.
Bonds
The connections with family, friends, and others who have a similar cultural background or ethnicity.
- Classify long-term investments and their implications for a company.
Verified Answer
Learning Objectives
- Classify long-term investments and their implications for a company.
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