A corporation purchases 100 shares of stock from another corporation, that was listed on the New York stock exchange. Would this purchase be recorded as a short term investment or investment? And why?
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A corporation purchases 100 shares of stock from another corporation, that was listed on the New York stock exchange. Would this purchase be recorded as a short term investment or investment? And why?
Here's a good starting place - Comparing Short-Term and Long-Term Investments
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