Strickland Corporation has invested in debt securities. Strickland intends to actively buy and sell this investment for profit. This investment is classified as:
A. a controlling influence security.
B. a trading security.
C. an available-for-sale security.
D. a held-to-maturity security.
E. a significant influence security.
Answer: B
You might also like to view...
Although it varies with product category, price, and the nature of the offering, in general, average response rates for e-mails is higher than order-response rates for letter-sized direct mail
Indicate whether the statement is true or false
General cognitive ability is similar to which of the five leadership traits in this text?
A. sociability B. dominance C. extraversion D. intelligence
In the decision-making process, you can receive too much information
Indicate whether the statement is true or false
Alliance Company budgets production of 24,000 units in January and 28,000 units in the February. Each finished unit requires 4 pounds of raw material K that costs $2.50 per pound. Each month's ending raw materials inventory should equal 40% of the following month's budgeted materials. The January 1 inventory for this material is 38,400 pounds. What is the budgeted materials needed in pounds for January?
A. 102,400 pounds. B. 57,600 pounds. C. 96,000 pounds. D. 140,800 pounds. E. 83,200 pounds.