Long-term investments are made by the investment center manager for the purpose of ________.
A) increasing profits
B) decreasing profits
C) increasing interest expense
D) decreasing plant assets

Question

Quizplus · Accepted Answer

Long-term investments are made by the investment center manager to increase profits in the future. These investments include the purchase of long-term assets such as property, plant and equipment, and investments in stocks and bonds that are not intended for resale in the short term. These investments are made with the expectation of generating a return over a period of several years or more.

Long-Term Investments Are Made by the Investment Center Manager for the Purpose