The 2015 annual report of Bristol-Myers Squibb (BMS) reveals that the company maintains a large investment in
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The 2015 annual report of Bristol-Myers Squibb (BMS) reveals that the company maintains a large investment in available-for-sale securities:
Did the company’s available-for-sale securities experience a gain or loss in value in 2015 and/or 2014, and if so, in what amount? How did the company account for these gains and/or losses? Were these gains (losses) taxable (tax deductible) in 2015 and/or 2014?
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Related Book For 
Financial Accounting For Executives And MBAs
ISBN: 9781618531988
4th Edition
Authors: Wallace, Simko, Ferris
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