Using the public company that you selected in module 1, answer the following questions completely (include where you found the information) in your journal.

1. What types of investments are on your companys balance sheet for the past two year-ends (you may need to look at the companys footnotes to find details)?
2. What is the total amount of investments on your companys balance sheet for the past two year-ends?
3. Discuss the differences between cost method, equity method, and consolidation accounting.

Fiscal year is January-December. All values USD millions + Sales/Revenue +Cost of Goods Sold (COGS) incl. D&A 2013 2014 2015 2016 2017 5-year trend 1.76B 1.55B 1.48B 64.9M 1.38B 938.7M 875M 63.7M 1.52B 1.46B 65.1M 49.8M 1.88B 1.64B 1.57B COGS excluding D&A 1.23B Depreciation & Amortization Expense 43.8M 58.9M 13.7M 233.8M Depreciation 35.8M 48.5M Amortization of Intangibles 15.2M 15.3M 13.3M + Gross Income 109.7M 658.7M 183.7M 212M 2013 2014 2015 2016 2017 5-year trend +SG&AExpense 53.6M 42.9M 10.7M 96.6M 43M 53.6M 111.6M 44.6M 67M 567.8M 529.9M 37.9M 10.8M 65.2M 14.9M Research & Development Other SG&A 49M 17.4M Other Operating Expense Unusual Expense EBIT after Unusual Expense Non Operating Income/Expense Non-Operating Interest Income Equity in Affiliates (Pretax) + I 19.7M 22.3M 61.2M 200,000 100,000 300,000 600,000 Interest Expense 48.7M 52.7M 50.4M 32.5M Gross Interest Expense 48.7M 52.7M 50.4M 32.5M Interest Capitalized + Pretax Income (26.2M) (39.4M) (16.8M) 86.9M Income Tax (193.9M) 300,000 11.2M 96.1M Income Tax - Current Domestic (29.6M) Income Tax - Current Foreign