Introduction of the term capital market
Give a brief introduction of the term capital market?
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Capital market is the market in that financial securities have been deal between the institutions and the individuals. Such institutions sell securities on capital markets in private and public sectors to elevate funds. This market is composed of both secondary and primary markets.
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he following information is taken from the financial statements of an entity: 20x4 20x3 Property, plant and equipment $4,600,000 $4,200,000 Accumulated depreciation (1,800,000) (1,350,000) Depreciation expense 560,000 Gain on disposal of PPE 65,000 The asset disposed of had a cost
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