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Pleas help with 1-a, I cannot fint the correct amount for the life of me. Not 9470, 4174, 12963, 4075, 6265- these are all wrong.
Pleas help with 1-a, I cannot fint the correct amount for the life of me.
Real World Case 12-4 (Static) Available-for-sale investments; equity method investments; financial statement effects; disclosures [LO12-4, 12-6] General Motors invests in securities of other companies. Access GM's 2019 10-K (which includes financial statements) using EDGAR at wuwisec gow Required: 1. What is the amount of any avallable-for-sale investment securities reported in the balance sheet? b. 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 avallable-for-sale investments reported in net income or OCl ? b. In what note does GM indicate that policy? 3. o. Are any investments reported by the equity method? b. In what note does GM provide an in -depth discussion of them? 4. What omounts from equity method investments are reported in the 2019 income statement? Note: Enter your answers in millions. Real World Case 12-4 (Static) Available-for-sale investments; equity method investments; financial statement effects; disclosures [LO12-4, 12-6] General Motors invests in securities of other companies. Access GM's 2019 10-K (which includes financial statements) using EDGAR at wuwisec gow Required: 1. What is the amount of any avallable-for-sale investment securities reported in the balance sheet? b. 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 avallable-for-sale investments reported in net income or OCl ? b. In what note does GM indicate that policy? 3. o. Are any investments reported by the equity method? b. In what note does GM provide an in -depth discussion of them? 4. What omounts from equity method investments are reported in the 2019 income statement? Note: Enter your answers in millions Not 9470, 4174, 12963, 4075, 6265- these are all wrong. Please help.
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