Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 2 incomplete answer marked out of 7.00

Question 2 Incomplete answer Marked out of 7.00 Flag question Interpreting Footnote...

70.2K

Verified Solution

Question

Accounting

Question 2
Incomplete answer
Marked out of 7.00
Flag question
Interpreting Footnote Disclosures for Investments
CNA Financial Corporation provides the following footnote to its 201810-K report.
Investments The company classifies its fixed maturity securities as either available-for-sale or trading, and as such, they are carried at fair value. Changes in fair value of trad component of other comprehensive incollowing table provides a summary of fixed maturity and equity securities.
\table[[\table[[December 31,2018(s millions)],[Fixed maturity securities available-for-sale]],\table[[Cost or],[Amartized],[Cost]],\table[[Groess],[Unrealloed],[Galins]],\table[[Gross],[Unreallzed],[Losses]],\table[[Extlmated],[Falr],[Value]]],[Corporate and other bonds,,,,],[States, municipalities and political subdivisions,$15,011,$633,$316,$15,328
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students