Penny stock

Luigi Vittatoe Dr. Donald Majors EAC2212 Accounting 2 February 23, 2016 Week 7 Discussion What dollar amount did Neosho receive upon the sale of the JMB stock? Explain why both stockholder Linton and President Cedeno are correct? Neosho received $1,468,000 upon the sale of the JMB stock. With 30% ownership the investment and earnings of JMB Company are recorded using the equity method. With an original investment of $1,300,000 plus the earnings since acquisition, 1,240,000 + 520,000 = 1,760,000…

turning their hobbies into their profession and one such practical and viable hobby is stock photography. Stock photography is the photographs of common places like landmarks, nature, events, people etc. Taken in a professional manner for commercial purposes. Here are the ways by which you can make plenty of money with your stock photography. 1.Having the proper equipment Before starting your journey as a stock photographer, you need to make sure that you have the right set of technology,…

In 2012, after almost eight years of litigation, the parties announced that they had agreed to the largest class action settlement in US antitrust history. Judge Gleeson took an unusual approach to his supervision of the case. Having previously overseen the 2003 settlement of an earlier antitrust class action against Visa and MasterCard related to the acceptance of debit cards, Judge Gleeson clearly believed that there should be a final resolution of merchants’ grievances. While Judge Gleeson…

public on the Alberta Stock Exchange (ASE) at 30¢ per share. In 1993, Walsh contacted John Felderhof, a Canadian explorer and geologist, to help purchase the rights to some property in Indonesia. Felderhof was known for his involvement in the discovering of enormous copper and gold mine in Papua New Guinea. The two had previously met in 1983 in Indonesia, while Felderhof was working for an Australian company. (Waldie, 2009). The two…

The strategy of Team D for year seven will continue to be the same as year six, which is to produce and sell both AC cameras and UAV Drones targeting different consumers. The AC Cameras will be produced to be of a mid-range quality to withstand a rugged lifestyle that will require little maintenance targeting the active consumer and other middle of the road consumers. The UVA Drones will be designed to achieve a high performance and top-notch quality to establish long lasting business…

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Archibold, C. R. (2006, March 4). Ex-Congressman Gets 8-Year Term in Bribery Case. New York Times. Retrieved from http://www.nytimes.com/2006/03/04/politics/04cunningham.html Associated Press. (2006, March 4). Ex-congressman begins prison sentence. NBC NEWS. Retrieved from http://www.nbcnews.com/id/11655893/ns/us_news-crime_and_courts/t/ex-congressman-begins-prison-sentence/#.Vm2tY7-bbFk Bachrach, J. (2006, July 31). Washington Babylon. Vanity Fair. Retireved from…

finally consumed by the material obsession. Their life, "the part has nothing to do with business", will be destroyed. That is exactly what happened to Jordan Belfort in The Wolf of Wall Street, a middle-class man who wanted to become rich by being a stock broker. He somehow found a way to reach his goal, but unfortunately lost his morals, family and…

Rite Aid Corporation’s debt also includes 9.375% senior notes. The face value of these notes is $410,000. The current carrying value is $405,951. Carrying value or book value is the face value plus any premiums or minus any discounts. Thus, the difference between the face value and carrying value for these notes is due to an unamortized discount of $4,049. The cash interest payment on these notes during fiscal 2009 equals $38,438, and this number can be calculated by taking the face value of…

With 165,000 metric tons of gold on earth (numbersleuth.org par.1) everyone thinks there’s no rush to buying it. But that is not true. So when is the best time to purchase gold? Many economists and CEOs believe that gold is in its highest stock supply this year and that being the best time to invest in gold would be now. Chuck Jeanes, CEO of Goldcorp says that the world is at “peak gold supply” (Canadianbusiness par.2). Because of this not only is gold at a cheap market price this year but…