FINANCIAL+MANAG.ACCT - CONNECT ACCESS
9th Edition
ISBN: 9781265318420
Author: Wild
Publisher: MCG
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Chapter C, Problem 2QS
To determine
Debt Security:
Debt security is a type of long term investment made by a company in the debts of another company. The debt are the amount that a company borrow to satisfy the financial needs of the company and pay a fixed percentage of interest in return of the money invested by the other party.
Equity Security:
It is the investment in the stock of another company. Sometime the company may invest in the common stock of another company and earn the huge return from that. Equity security involves high risk as the return is receive after all the dues of the company.
To identify: The type of security debt security (D) or equity security (E)
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- abc general accountingarrow_forwardUse the information given below: 2018 2017 Income Statement Information: Sales revenue Cost of goods sold Net income Balance Sheet Information: Current assets Long-term assets Total assets Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and stockholders' equity Calculate the Profit margin ratio for 2018. $ 80,04,000 $ 78,00,000 $52,82,640 $ 53,00,000 $ 3,27,120 $ 1,88,000 $15,40,000 $14,40,000 $ 21,40,000 $18,40,000 $ 36,80,000 $32,80,000 $ 11,40,000 $ 8,40,000 $ 15,60,000 $ 15,60,000 $ 7,40,000 $ 7,40,000 $ 2,40,000 $ 1,40,000 $ 36,80,000 $ 32,80,000arrow_forwardHello tutor solve this question is accountingarrow_forward
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