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Firms invest in marketable securities for a variety of reasons, one of the most common...

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Accounting

Firms invest in marketable securities for a variety of reasons, one of the most common being the need to temporarily invest excess cash. Describe how to account for these investments on the balance sheet and in comprehensive income assuming that they are a) debt securities not held to maturity and, alternatively, b) investments in equity securities which do not convey the ability of the investor to significantly influence investee policies.
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Firms invest in marketable securities for a variety of reasons, one of the most common being the need to temporarily invest excess cash. Describe how to account for these investments on the balance sheet and in comprehensive income assuming that they are a) debt securities not held to maturity and, alternatively, b) investments in equity securities which do not convey the ability of the investor to significantly influence investee policies

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