What be reason for a company to purchase equity investments


Question: Which of the following can be a reason for a company to purchase equity investments? Select answer from the options below A company has seasonal fluctuations in its sales levels, resulting in idle cash until purchases are made for the next busy season. A company hopes to earn capital gains from selling these investments. A company hopes to influence another company's major decisions. All of the choices are correct.

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Accounting Basics: What be reason for a company to purchase equity investments
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