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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?4 {1 W, X5 u0 Y% O# M9 N4 c; M+ T5 w+ }
A. Both should be classified as current.$ Q, k& g/ M* a
B. Both should be classified as non-current.$ p: O( A: e. q# J2 d. T
C. One should be classified as current and one should be classified as non-current.: ~6 j1 ?! p3 L5 T' v
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发表于 2016-2-2 10:33:29
发表于 2020-7-5 23:25:59
