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Author Question: Sienna Co. purchased 1,000 shares of Microsoft stock. Management is not actively managing this stock ... (Read 60 times)

olgavictoria

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Sienna Co. purchased 1,000 shares of Microsoft stock. Management is not actively managing this stock , and only plans to sell it if there is a need to generate cash. This stock would be classified as:
◦ held-to-maturity securities.
◦ trading securities or available-for-sale.
◦ available-for-sale securities.
◦ trading securities.


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Marked as best answer by olgavictoria on Feb 18, 2020

abro1885

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olgavictoria

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Reply 2 on: Feb 18, 2020
YES! Correct, THANKS for helping me on my review


Perkypinki

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Reply 3 on: Yesterday
:D TYSM

 

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