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本帖最后由 一起学CFA 于 2016-2-15 09:57 编辑
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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?
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0 S0 N A- Z" D! i0 b0 qA. Both should be classified as current.
2 o& _) |* X, e& gB. Both should be classified as non-current.4 Q: Y8 J* B, N& Z& |# G$ P a& A
C. One should be classified as current and one should be classified as non-current.
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