Following is a portion of the investments footnote from Redfield Inc.'s 2017 annual report. (in millions) 2017 Amortized cost of marketable equity $546,673 Gross unrealized gains 13,114 Gross unrealized losses $ 38,983 What amount does Redfield report for its passive investments in marketable equity securities on it 2017 balance sheet?
Following is a portion of the investments footnote from Redfield Inc.'s 2017 annual report. (in millions) 2017 Amortized cost of marketable equity $546,673 Gross unrealized gains 13,114 Gross unrealized losses $ 38,983 What amount does Redfield report for its passive investments in marketable equity securities on it 2017 balance sheet?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Following is a portion of the investments footnote from Redfield Inc.'s 2017 annual report.
(in millions)
|
2017
|
Amortized
|
$546,673
|
Gross unrealized gains
|
13,114
|
Gross unrealized losses
|
$ 38,983
|
What amount does Redfield report for its passive investments in marketable equity securities on it 2017
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