Q52
Marketable securities are primarily________.
A.
short-term debt instruments
AnswerB.
short-term equity securities
C.
long-term debt instruments
D.
long-term equity securities
Answer: Option A
Solution
Answer: Option A
Solution:
Marketable securities are primarily short-term debt instruments. Marketable securities are securities or debts that are to be sold or redeemed within a year. These are financial instruments that can be easily converted to cash such as government bonds, common stock or certificates of deposit.