F LO BRIEF EXERCISE 7.3 Nestl accumulates large amounts of excess cash throughout the year. It typically invests these funds in securities until they are needed. The company's most recent financial statements revealed a nearly 309 million Swiss francs unrealized gain on short- term investments. Notes to the financial statements disclosed that Nestl reports its short-term investments at fair value. Explain the meaning of the company's unrealized gain on short-term investments. b. How does the unrealized gain impact the company's financial statements? Is the unrealized gains included in the computation of the company's taxable income? Explain. d. Evaluate the fair value accounting from the perspective of the company's creditors. a. C