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    rollingrich's Avatar
    rollingrich Posts: 2, Reputation: 1
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    #1

    Jan 13, 2013, 06:48 PM
    Investment
    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's Avatar
    rollingrich Posts: 2, Reputation: 1
    New Member
    		  
    #2

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