In its 2018 annual report to shareholders, Kirby Inc. included the following disclosure regarding its available for sale investments in securities:
-In 2017, Kirby made two adjustments to its available for sale investments.
Required:
Briefly explain the adjustments and why they occurred.
Definitions:
Household Chores
Tasks and activities done to manage a household, such as cleaning, cooking, and laundry.
Successful Marriages
Marital relationships characterized by longevity, mutual satisfaction, commitment, and the ability to navigate conflicts constructively.
Equity
A condition in which people receive from a relationship in proportion to what they give to it.
Altruism
Selfless concern for the well-being of others, often involving actions done for the benefit of others without expectation of reward.
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