Question: DE 16-2 Link Back to Chapter 4 (Current Assets). Answer these questions about the invest- ments held by AOL Time Warner Corporation. 1. Why is

DE 16-2 Link Back to Chapter 4 (Current Assets). Answer these questions about the invest- ments held by AOL Time Warner Corporation. 1. Why is a trading investment always a current asset? Explain. 2. Is an available-for-sale investment a current asset or a long-term asset? What is the deciding factor?

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