Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Question

What are eight intangible and tangible resources that Prudential Financial has? 

Expert Solution
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Step 1

According to the company’s latest data,

Tangible Assets are

1) Cash

2)Total Fixed Income Securities

a) Bonds

b)Redeemable Preferred Stock

3)Total Equity Securities Investment

a)Common stock

b)Non-redeemable preferred stock

4)Mortgage policy and other loans

5)Net Property Plant & Equipment

6)Investment in Unconsolidated Subs.

7)Other Tangible Assets

a)Separate and Variable Account Assets

b)Deferred charges

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