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Accounting · Studypool

ACCT Disscusion

Overview

Berkshire Hathaway, Inc. is a holding company owning subsidiaries that engage in a variety of different business activities including insurance, freight rail transportation, utilities and energy, manufacturing, services, and retail. Visit Berkshire Hathaway, Inc.’s 2021 annual reportLinks to an external site.

Requirements

  1. Review Note 3 (Investments in fixed maturity securities). At December 31, 2021, what type of investments in securities with fixed maturities did the company hold?
  2. Review Note 4 (Investments in equity securities). At December 31, 2021, what type of investments in equity securities did the company hold?
  3. Review Note 5 (Equity method investments). At December 31, 2021, what was the most significant equity method investment, and how much was this investment?