a)
Available-for-sale securities:
These are short-term or long-term investments in debt and equity securities with an intention of holding the investment for some strategic purposes like meeting liquidity needs, or manage interest risk.
To find: The missing amounts (a) to (i).
b)
To Compute: valuation allowance for available-for-sale investment, for 2017.
(c)
To Compute: available-for-sale investment, (fair value), for 2017.
(d)
To Compute: interest receivable for 2017.
(e)
To Compute: Investment in Company W Stock, for 2017.
(f)
To Compute: total assets value for 2017.
(g)
To Compute:
(h)
To Compute: unrealized gain (loss) on available-for-sale investment, for 2017.
(i)
To Compute: The total liabilities and stockholders’ equity value for 2017.
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