Explain the difference between a short-term investment and a long-term investment.

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Financial Accounting

ISBN: 978-0078111020

7th Edition

Authors: LibbyShort

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Question Posted: Dec 12, 2011 09:38 AM

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Explain the difference between a short-term investment and a long-term investment.

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A shortterm investment is one that meets the two tests of 1 ready marketability and 2 m...View the full answer

Financial Accounting

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