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https://s21.q4cdn.com/399680738/files/doc_financials/annual_reports/2018-Annual-Report.pdf Go to Page 57 and locate the balance sheet. Under current assets, what dollar value were marketable securities on Dec 31, 2017 and on

https://s21.q4cdn.com/399680738/files/doc_financials/annual_reports/2018-Annual-Report.pdf

  1. Go to Page 57 and locate the balance sheet. Under current assets, what dollar value were marketable securities on Dec 31, 2017 and on Dec 31, 2018? Did the marketable securities increase or decrease? What was the percentage decrease or increase (to two decimal places)?
  2. Divide the marketable securities as at Dec 31, 2017 by the total assets on that same date and express you answer as a percentage to two decimal places. Do the same thing for Dec 31, 2018? What is the change from 2017 to 2018?
  3. Go to page 64 to access the "Notes to the Financial Statements". Scroll all the way until you get to "Fair Value of Financial Instruments". Read the entire subsection. What is an example of a marketable security would meet the level 1 input?

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