14) Which is the most appropriate financial statement to use to determine if a company obtained financing during a year by inuing debt or equity securities? a. Balance sheet b. Statement of cash flows c. Statement of changes in stockholders' equity d. Income statement 15) We recently purchased an investment and it was classified as Held-for-Trading. What is the valuation basis and where would any movement in valuation (.e. unrealized gain or loss) be reflected. Valuation Basis Movement Amortized cost None b. Fair value Balance sheet Fair value Profit and loss d. Equity Profit and loss 16) When doing an analysis of Reserves it may appear in the Financial Statement in one of three ways. Which of the following is not one of the three? a. A deduction from asset b. An asset c. A liability d. As a component of equity a. C. Page 4