Trading securities are recorded in the balance sheet of the investor at their fair value as of the balance sheet date. This type of marketable security is always positioned in the balance sheet as a current asset.
Second: cubic foot (cu ft-ft3) is unit of volume. The cubic feet amount 13.31 cu ft-ft3 converts into 1 sh tn, one ton US (short). It is the EQUAL concrete mass value of 1 ton US (short) but in the cubic feet volume unit alternative.
25 X 24 X 23 = 13,800 cubic inches. Convert cubic inches to cubic feet by dividing the cubic inch total by 1,728âthe number of cubic inches in one cubic foot. For example: 13,800 divided by 1,728 = 7.98 cubic feet. Dividing the weight of the shipment by the number of cubic feet will provide the density.