Marketable securities Flashcards
1
Q
What is the difference between the cost method & marketable securities?
A
Marketable securities are for publicly traded companies.
Still 0-20%
2
Q
What are trading securities?
Also called “held for trading”
A
Equity investments (stocks or bonds) that the investor has acquired in an attempt to make profits by buying or selling within a short period of time.
Current assets
3
Q
What are available for sale securities?
A
Securities that don’t meet the criteria of held for trading or held to maturity securities.
May be current or non current
