Question: Which of the following statements are true of long-term investments?
a. They can include investments in trading securities.
b. They are always easily sold and therefore qualify as being marketable.
c. They can include debt and equity securities available-for-sale.
d. They are held as an investment of cash available for current operations.
e. They can include debt securities held-to-maturity.
f. They can include bonds and stocks not intended to serve as a ready source of cash.
g. They can include funds earmarked for a special purpose, such as bond sinking funds.