Is MARKETABLE SECURITIES the same as COMMON STOCK?


Question:
Please help me with my accounting homework.Thanks!

Answer:
No -- marketable corporate securities include the following:

Common Stock
Preferred Stock
Corporate Bonds
"Letter" Stock
Warrants
Units -- which are any combination of the above.

Technically, to be marketable they have to be public. Private equity ould be common stock, but if the company is not yet public, I wouldn't include it in the list of marketable securities.
Common and preferred shares are a couple of instances of Marketable securities. Others would be Bonds, commodity contracts..and even mortgage backed securities.
No, it's usually short-term tradeable securities that are more akin to cash. Think CDs, Treasury bills, short-term corporate paper.

The key is these assets are ready and available for resale. They aren't being held as an investment.
Common stock is a marketable security but so is preferred stock, ADRs (American Depository Receipts, a type of foreign security traded in the US). This is all the freebie your going to get from me. Now you have to do Google searches and earn that A you're going for.
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