Discuss how the market would be affected
Discuss the reasons why corporations invest in securities. Discuss how the market would be affected if they stopped this practice?
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Madison Corp had two issues of securities outstanding common stock and a 5 percent convertible bond issue in the face amount of $10,000,000. Interest payment dates of the bond issue are June 30.
The Atgar Corporation records all purchases and the corresponding liabilities net of cash discounts. Whenever it pays after the discount period, it credits cash for the full amount of the invoice.
Instead of being unnumbered and manually prepared, all checks must not be prenumbered and written by using the new checkwriting machine purchased by the company.
MacGiver Brass is a brass plating firm with sales of $8 million and profits before taxes of $625,000. MacGiver has a loan outstanding at its local bank for working capital purposes.
Bonnie and Clyde each own one-third of a fast-food restaurant, and their 13 year-old daughters owns the other shares. Both parents work full-time in the restaurant, but the daughter works infrequently.
Go to SEC Web site http://www.sec.gov under "Filings and Forms (EDGAR), click on Search for Company filings. Click on "Companies and Other Filers".
On February 1, 2010, the balance of the retained earnings account of Blue Power Corporation was $567,000. Revenues for February totaled $110,700, of which $103,500 was collected in cash.
Lech-Zurs Bakerie Corporation uses a process costing system. The Baking Department is one of the processing departments in its apple strudel manufacturing facility.
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Read the excerpt from Pat Mora's essay "The Leader in the Mirror." I hoped that most of the students were going to enroll in college.
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