Asked by

Sarai Perez
on Oct 16, 2024

verifed

Verified

Investments in held-to-maturity debt securities are always current assets.

Held-to-maturity Debt Securities

Investments in bonds or other debt securities that a company intends and is able to hold until they mature.

Current Assets

Short-term financial resources a company holds, including cash, marketable securities, receivables, and inventory, which are expected to be converted into cash within a year.

  • Distinguish between the definitions and unique characteristics of trading, available-for-sale, and held-to-maturity securities.
verifed

Verified Answer

SM
Sharon MathewOct 19, 2024
Final Answer:
Get Full Answer