Which of the following statements concerning marketable securities is correct?
A. Marketable securities are extremely liquid investments.
B. Marketable securities generally are long-term investments.
C. Marketable securities provide higher yields than the firm's other investments.
D. The primary purpose for holding marketable securities is to support long-term operations.
E. Marketable securities are held by a firm that normally has cash deficiencies.
Answer: A
Mathematics
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