The valuation of financial assets Basis for valuation in Type of Financial Asset the balance sheet Cash(and cash equivalents)Face amount Short-term investments Current market value (marketa ble securities Receivables Net realizable value Estimated collectible amount Irwin McGraw-Hill TThe McGraw-Hill Companies, Inc, 1999?The McGraw-Hill Companies, Inc., 1999 Irwin/McGraw-Hill The Valuation of Financial Assets Type of Financial Asset Basis for Valuation in the Balance Sheet Cash (and cash equivalents) Face amount Short-term investments (marketable securities) Current market value Receivables Net realizable value Estimated collectible amount