Tag 1. What are three reasons why companies purchase investments in debt or stock securities?

Resources: Ch. 11 & 12 of Financial Accounting

Complete Exercises E11-15, E12-1, & E12-2. Complete Problem 11-6A. Submit as a Microsoft® Excel® or Word document. E11-15 On October 31, the stockholders’ equity section of Omar Company consists of common stock $600,000 and retained earnings $900,000. Omar is considering…