To assess the materiality of the company's passive investments (both debt and equity), calculate the company's passive investments (including cash and cash equivalents) on the balance sheet as a percentage of total assets as of the end of the most recent year. Show all amounts in a table and comment briefly on whether you think these investments are material to the company. 2. (3 points) Identify and list all of the items associated with the company's passive investments.

Answer rating: 100% (QA)

To assess the materiality of the companys passive investments well calculate the companys passive in... View the full answer