FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

8. Assume the following year-end footnote disclosure was obtained from Pfizer's 10-K. (Millions of Dollars) Cost of available-for-sale equity securities.. Gross unrealized gains.. Gross unrealized

image text in transcribed

8. Assume the following year-end footnote disclosure was obtained from Pfizer's 10-K. (Millions of Dollars) Cost of available-for-sale equity securities.. Gross unrealized gains.. Gross unrealized losses.. Fair value of available-for-sale equity securities. 2016 $270 189 (12) $447 What amount does Pfizer report on its 2016 balance sheet as available-for-sale equity securities? a. $270 million b. $447 million c. $459 million d. $258 million

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Art Of Integrating Strategic Planning Process Metrics Risk Mitigation And Auditing

The Art Of Integrating Strategic Planning Process Metrics Risk Mitigation And Auditing

Authors: J.B. Smith

1st Edition

0873899253, 978-0873899253

More Books

Students also viewed these Accounting questions

Question

★★★★★
How does a company determine whether sales or noncurrent assets located in an individual foreign country are material?

Answered: 1 week ago

Question

★★★★★
Use integration by parts to find the indefinite integral for each of the following functions involving a radical. (a) 30xv9+xd.x Let f (x) = 30x and g'(x) = (9+x)/; then f'(x) = 30 and g(x) = (9+ x)/...

Answered: 1 week ago

Question

★★★★★
=+21.21. Let X1, X2 ,... be identically distributed random variables with finite second moment. Show that nP[IX ,1 2 Vn ] -> 0 and n-1/2 maxx Answered: 1 week ago

Answered: 1 week ago

Question

★★★★★
Sellers Construction Company purchased a compressor for $28,000 cash. It had an estimated useful life of four years and a $4,000 salvage value . At the beginning of the third year of use, the company...

Answered: 1 week ago

Question

★★★★★
What cloud security solution allows you to define security policies that apply to network traffic flowing outside your current on - premises environment to the cloud? Question 2 4 options: API...

Answered: 1 week ago

Question

★★★★★
18 A commercial bank's last resort for borrowing reserves is O foreign banks O the central government O the discount window O the federal funds market 5

Answered: 1 week ago

Question

★★★★★
Excel File Edit View Insert Format Tools Data Window Help 11 8 ) 75% Tue 10:23 AM QE AutoSave OFF A F ? C ... SMS310 Test 2 - Student File Final Home Insert Draw Page Layout Formulas Data Review View...

Answered: 1 week ago

Question

★★★★★
A developer filed a breach of contract action against a general contractor in federal district court. If the contract was breached, the general contractor believes the fault was that of the framing...

Answered: 1 week ago

Question

★★★★★
What would be the approximate current flow in a 120 volt circuit with a 400 watt toaster and an 800 watt microwave oven attached

Answered: 1 week ago

Question

★★★★★
n Suppose X1,..., X are n iid random variables from the cumulative distribution func- tion F(x). Let Y = X; for i = 1,..., n. We further know that X; and Y; have the same distribution. For 0.5 Answered: 1 week ago

Answered: 1 week ago

Question

★★★★★
The following was posted 7:09 AM, MAY 4, 2020, by Fox Television Stations, updated AT 07:16AM, May 4, 2020. LITTLE ROCK, Ark. Walmart paid almost $180 million in cash bonuses to its hourly associates...

Answered: 1 week ago

Question

★★★★★
f. What stereotypes were reinforced in the commercials?

Answered: 1 week ago

Question

★★★★★
3. Communication of White Identity. Go to the website http://stuffwhitepeoplelike .com/. This website parodies the stereotypes of white people, and by extension, the stereotyping of other groups....

Answered: 1 week ago

Question

★★★★★
g. What do your findings suggest about the power of the media and their effect on identity formation and intercultural communication? (Think about avowal, ascription, and interpellation.)

Answered: 1 week ago

Previous Question Next Question