The financial statements of M S are presented in Appendix 5B or can be accessed at the books companion website, www wiley com Instructions Refer to M Ss financial statements and the accompanying notes to answer the following questions (a) What investments does M S report in 2008, and where are thes...

a MS reports both current and noncurrent other financial assets al ...

The financial statements of M&S are presented in Appendix 5B or can be accessed at the books

Question:

The of M&S are presented in Appendix 5B or can be accessed at the book’s companion website, www.wiley.com

Instructions
Refer to M&S’s and the accompanying notes to answer the following questions.
(a) What investments does M&S report in 2008, and where are these investments reported in its How are M&S’s investments valued? How does M&S determine fair value?
(c) How does M&S use derivative financial instruments?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...