Use the following year-end footnote information from Cisco Systems, Inc. 's I 0-K report to answer parts
Question:
Use the following year-end footnote information from Cisco Systems, Inc. 's I 0-K report to answer parts a and b.
a. At what amount is its available-for-sale investments reported on Cisco's 2018 balance sheet? Explain.
b. How is its net unrealized loss of $503 million ($44 mill ion - $547 million) reported by Cisco in its financial statements?
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a Availableforsale securities are reported at fair value on the balance sheet For 2...View the full answer
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Related Book For 
Financial Accounting
ISBN: 9781618533111
6th Edition
Authors: Michelle L. Hanlon, Robert P. Magee, Glenn M. Pfeiffer, Thomas R. Dyckman
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