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rollingrich
Jan 13, 2013, 06:48 PM
A corporation purchases 100 shares of stock from another company, that was listed on the New York stock exchange. Would this purchase be recorded as an investment or short-term investment?

rollingrich
Jan 13, 2013, 06:52 PM
A corporation has purchased 100 percent of outstanding stock of the company. Is this purchase an investment or marketable securities when recorded?