ACC 291 Week 3 Individual WileyPLUS Practice Ch 12 Question 1 Which of the following is not a primary reason why corporations invest in debt and equity securities? They have excess cash. They wish to move into a new line of business. They are required to by law. They wish to gain control of a competitor.
Question 2 Debt investments are initially recorded at: cost. cost plus accrued interest. fair value. None of the above.
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