Consider the six investments listed in the problem P7-7.

Data from P7-7.

Consider the following six investments:

a. Atlantic Company buys 5,000 common shares of a publicly traded company that has 200 million shares outstanding.
b. Beetleweed buys $20,000 in bonds maturing in five years.
c. A bank lends $400,000 to a person to purchase a home.
d. An exporter enters into a currency swap (a derivative contract) to secure the Canadian dollar price of a sale.
e. Elite Cars buys 800,000 shares in Selective Autos.
f. Fanciful Gifts buys 3,000 preferred shares in another company. These shares have no voting rights.

Required:
Under ASPE, financial assets can be put into one of six categories: subsidiaries, joint ventures, associates, portfolio equity investment, debt investment, and derivatives. For each of the above investments, identify the possible categories into which it can be placed. More than one category is possible for some items.