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21.06.2019 •
Business
What does the phrase limited liability mean in a corporate context?
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Ответ:
$90,000
Explanation:
The Trading securities are considered as cash equivalent item and recorded as current assets in the balance sheet, because of its short maturity period. The market value of securities should be reported on the balance sheet as on the year end. So, $90,000 is the appropriate answer for this question.