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One 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?
' v, D/ M7 `& Y; r. \4 L. NA. Both should be classified as current.9 } |0 k( k& Y7 ~# `1 E
B. Both should be classified as non-current.
|) c. [9 q$ W8 {; SC. One should be classified as current and one should be classified as non-current.
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发表于 2020-7-5 23:25:59
