Ronaldo is the CFO of Manchester, Inc. The company currently has an investments portfolio that...
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Accounting
Ronaldo is the CFO of Manchester, Inc. The company currently has an investments portfolio that includes a variety of both debt and equity securities. Ronaldo's bonus is based on Manchester meeting certain earnings projections. How can Ronaldo take advantage of the classification of investment securities to improve his chances of receiving his bonus? Discuss the ethical and legal implications.
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