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Asked by aj70560 - 2 years ago
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Sandieweeks Level 21
Answered 2 years ago
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Kohler Company owns the following investments:
Trading securities (fair value) £ 60,000
Available-for-sale securities (fair value) 35,000
Held-to-maturity securities (amortized cost) 47,000
Kohler will report securities in its long-term investments section of __________ , or an amount less than that depending on the circumstances.
Answer> £82,000. (i.e. 35,000 + 47,000)
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labarca Level 64
Answered 2 years ago
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Kohler is not a publicly traded company and publishes
no annual report. So my guess would be schedule D of
the IRS tax forms.
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