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. L* @: V( K% SOne 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?2 U- h' [: A/ ?6 l
A. Both should be classified as current.
* D0 e9 @! z$ YB. Both should be classified as non-current.
( E- l/ a8 V ]# |, SC. One should be classified as current and one should be classified as non-current.9 _0 T8 U! l6 S7 a
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发表于 2016-2-2 10:33:29
发表于 2020-7-5 23:25:59
