Ask Experts Questions for FREE Help !
Ask
    neversatysfyd's Avatar
    neversatysfyd Posts: 19, Reputation: 1
    New Member
     
    #1

    Aug 10, 2009, 02:16 PM
    securities in long term investments
    Company A owns the following investments:
    trading securities (fair value) 60,000
    available for sale securities (fair value) 35,000
    held to maturity securities (amortized value) 47,000

    Do I add the 35,000 and the 47,000 to get 82,000?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
     
    #2

    Aug 10, 2009, 04:22 PM

    Add it for what purpose?
    neversatysfyd's Avatar
    neversatysfyd Posts: 19, Reputation: 1
    New Member
     
    #3

    Aug 10, 2009, 05:18 PM

    I assumed they were both investments.

    Is this the correct assumption?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
     
    #4

    Aug 10, 2009, 07:59 PM

    All three are investments. Trading securities are current. The other two can be current or long-term. I know you titled the thread long-term, but since trading securities aren't long-term, I really didn't know if that was relevant to your question or not. If they are long-term and you want to total them together, then yes. You weren't very clear about exactly what you were trying to accomplish.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Short term investments [ 1 Answers ]

Are short term investments considered gain or loss on an income statement?

Long term marriage.long term problems [ 6 Answers ]

Well Where do I start …I have been with the same woman since high school and now at 41 we are in a very rough marriage with a 4 year old son …we almost got a divorce at the 7 year mark due to her request that she just didn’t love me anymore and some of the hurtful things I had done like some...


View more questions Search