All publicly traded domestic companies use EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system, to make the majority of their filings with the SEC. You can access EDGAR at www.sec.gov.

Required:
1. Locate a recent annual report of a public company that includes a footnote that describes an investment in securities available-for-sale. You can use EDGAR at www.sec.gov.
2. Under what caption are the investments reported in the comparative balance sheets? Are they reported as current or noncurrent assets?
3. Are realized gains or losses reported in the comparative income statements?
4. Are unrealized gains or losses reported in the comparative statements and shareholders’ equity?
5. Are accumulated unrealized gains or losses identifiable in the comparative balance sheets? If so, under what caption? Why are unrealized gains or losses reported here rather in the income statement?
6. Are cash flow effects of these investments reflected in the company’s comparative statements of cash flows? If so, what information is provided by this disclosure?