Jax Taylor has the financial statements of an old established university, a manufacturing company, an insurance company,

Question:

Jax Taylor has the of an old established university, a manufacturing company, an insurance company, a real estate developer, a major retail enterprise, and a pension plan.
(a) Identify the organizations whose statements of financial position are most likely to report a significant proportion of investments.
(b) For those identified, what types of investments would you expect to find?
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...