What balance sheet amount would starbucks report

Reference no: EM133611019

Question: Starbucks purchased several investments in debt securities during 2023, its first year of operations. The following information pertains to these securities. The fluctuations in their fair values are not considered permanent. Held-to-Maturity Securities: Fair Value 12/31/2023 Fair Value 12/31/2024 Amortized Cost 12/31/2023 Amortized Cost 12/31/2024 Coca-Cola Bonds $ 375,000 $ 400,000 $ 367,500 $ 360,000 Trading Securities: Fair Value 12/31/2023 Fair Value 12/31/2024 Cost Apple Bonds $ 48,000 $ 69,500 $ 66,000 IBM Bonds $ 47,000 $ 78,000 $ 39,000 Pfizer Bonds $ 44,000 $ 39,500 $ 32,900 Available-for-Sale Securities: Fair Value 12/31/2023 Fair Value 12/31/2024 Cost Ford Bonds $ 130,500 $ 150,600 $ 140,000 What balance sheet amount would Starbucks report for the total of its investments in bonds at 12/31/2023?

Reference no: EM133611019

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