i only mees (amount listed in short-term investments)

que Srporations frequently invest in securities issued by other corporations. Some investments are acquired to secure a favorable usiness relationship with another company. On the other hand, others are intended only to earn an investment return from the vidends or interest the securities pay or from increases in the market prices of the securities--the same motivations that might cause wou to invest in stocks, bonds, or other securities. This diversity in investment objectives means no single accounting method is adequate to report every investment Merck & Co., Inc., Invests in securities of other companies Access Merck's 2016 10-K (which includes financial statements) using EDGAR at www.sec.gov. Note: Merck's 2016 financial statements were issued prior to the effective date of ASU 2016-01, so do not be surprised by the fact that Merck Includes equity Investments among its available-for-sale Investments Required: 1. a. What is the amount of any AFS Investment securities reported in the balance sheer? b. In which current and noncurrent asset categories are AFS investments reported by Merck? c. Is there an amount you can't find in the balance sheet but that you know must be there? 2. a. How are unrealized gains or losses on AFS Investments reported, in net income or OCI? b. What about realized gains or losses on AFS Investments? 3. Are any investments reported by the equity method? 4. What amounts from equity method investments are reported in the 2016 income statement? 5. Are cash flow effects of investments reflected in the company's statement of cash flows? & Answer is not complete. S Amount listed as investments in non-current assets 1 - a. 1 - b. S Merck's 2016 balance sheet list as investments in non-current assets Amount listed as investments in non current assets 20,179 million Merck's 2016 balance sheet list as investments in non-current assets $ 11,418 million 1- a. 1- b. 1- b. 1- C. Amount listed in short-term investments milion $ Amount loftas unidentified 983 million 2- Other Comprehensive Income AFS investments reported unrealized gain or losses in Net income 2- b. AFS investments reported realized gain or losses in 3. Yes $ 86 mson Are any investments reported by the equity method? Amounts from equity method reported in 2016 income statement Are cash flow offects of investments reflected in the company's statement of cash flows? OOO 4. Yes 5