Investments in Equity Securities Are Disclosed as Current Assets on a Company's

Multiple Choice

Investments in equity securities are disclosed as current assets on a company's balance sheet if

A) Management intends to sell them within a year and they have a ready market exists.
B) The fair market value cannot be determined.
C) Management intends to convert them into common stock within one year.
D) Management owns less than 50% of the outstanding stock.