| Author |
|
userken8
Newbie
Joined: 07 Apr 2011
Location: United States
Online Status: Offline
Posts: 13
|
| Posted: 08 Aug 2012 at 10:36 | IP Logged
|
|
|
Definition:
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.
So couldn't Preferred Stock be a Marketable Security as well? Please explain. Thanks.
|
| Back to Top |
|
| |
faisy
Newbie
Joined: 08 May 2010
Location: Australia
Online Status: Offline
Posts: 23
|
| Posted: 09 Aug 2012 at 00:49 | IP Logged
|
|
|
if it comply the following definition then why not .
"Readily tradable equity or debt security with quoted
prices, including commercial paper and Treasury bills. It
is a near-cash asset and is classified under current
assets"
If it can be classified as a Current Assets then i think
there should not be any problem.
thanks
__________________
Faisy
|
| Back to Top |
|
| |
erik123
Newbie
Joined: 16 Aug 2012
Online Status: Offline
Posts: 1
|
| Posted: 16 Aug 2012 at 04:20 | IP Logged
|
|
|
Yes, prefered stock is a marketable security. These equipments can be easily converted to the cash. If you have any bond, insurance policy etc. these are called preferred stocks. I also have some bonds and insurance policies but cannot be able to pay charges, Do these stocks can be converted into stock?
|
| Back to Top |
|
| |
Active Topics 
Memberlist 
Search 
Help
Register 
Login
Topic: Is Preferred Stock a Marketable Security?
Topic Closed)
