Phillip Morris Investment for current year
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A. Does Phillip Morris have any investments? If yes, indicate the type of investments (debt or stock) for current year and prior year. Investments represent what percentage of total assets?
b. How does Phillip Morris account for its investments in Marketable Securities (i.e., cost or equity method)?
c. Does Phillip Morris account for the investments as trading or available for sale securities?
d. Where are the unrealized gains/losses related to investments in securities reported? How much was the amount for current and prior year?
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The expert examines Phillip Morris investments for current years.
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NYSE:PM
Source http://www.google.com/finance?q=NYSE:PM&fstype=ii
Data for 2011 is not available yet.
a. They issue common stocks but not preferred stocks in 2010 or 2009, they also repurchased their stocks. They also have debts (bonds or ...
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