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    Rolling rich's Avatar
    Rolling rich Posts: 1, Reputation: 1
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    #1

    Jan 13, 2013, 04:05 PM
    Investment
    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?
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    Jan 13, 2013, 04:33 PM
    Here's a good starting place - Comparing Short-Term and Long-Term Investments
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