Shakes, Inc. purchased 200 shares of Netflix stock, which it plans to sell as soon as the market price increases by 10%. This stock will be classified as:
A) available-for-sale securities.
B) trading securities.
C) held-to-maturity securities.
D) profit-prone securities.
B) trading securities.
You might also like to view...
High awareness among the target audience is only a necessary but not a sufficient condition for high equity
Indicate whether the statement is true or false
Refer to the following UML class diagram to answer the question below about the relational database based on this model.The association between Purchase Orders and Cash Disbursements could be implemented with a foreign key in either table but not both.
Answer the following statement true (T) or false (F)
What is the annual market size for the products bought by or for preteens and teenagers?
A. $208 billion B. $104 billion C. $547 billion D. $12 billion E. $26 billion
The ability to meet short-term obligations and to efficiently generate revenues is called:
A. Liquidity and efficiency. B. Creditworthiness. C. Profitability. D. Market prospects. E. Solvency.