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Question: Berkshire Hathaway, Inc. is a holding company that owns many diverse companies. Review the company's 2013 annual report.

Requirements: With a partner or group, lead your class in a discussion of the following questions or write a report as directed by your instructor.

1. What types of companies does Berkshire Hathaway own?

2. Review Note 3. At December 31, 2013, how much did the company hold in available-for-sale and held-to-maturity investments?

3. Review Berkshire's consolidated statement of cash flows for the year ended December 31, 2013. Identify each item related to the company's debt and equity security investments, the amount of the item, and the section of the cash flow statement in which the item appears.

4. Review Note 1(d). How, if at all, does the company use fair value measurements in regards to its investments?

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92647960

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