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Unformatted text preview: Unrealized gross gains: Unrealized gross losses: 6. What is Eli Lilly’s plan regarding its debt securities in a loss position at the end of 2008? 7. How much was comprehensive income adjusted for the net change in unrealized gains/losses in 2008? Was it a net gain or net loss? 8. How much net gain (gains less losses) was realized in the 12/31/08 income statement related to available-for-sale security sales? 9. Eli Lilly has at least one investment in a company over which it exhibits significant influence. What is the carrying amount of this investment at 12/31/08? 10. Does Eli Lilly own any investments classified as trading? How do you know? 11. Using the statement of cash flows, list the following 2008 cash inflows and outflows associated with non-current investments: Proceeds from sale/maturity of non-current investments: Purchase of non-current investments:...
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This note was uploaded on 11/22/2010 for the course ACCT 320 taught by Professor Alee during the Spring '10 term at Kansas State University.
- Spring '10