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#1-50,000 shares of c/S (Jan. 1st) D-Additional 12, 000 shares were sold for cash (March 31st) D-4,000,000 of 6% of convertible - NI was 350,000
#1-50,000 shares of c/S (Jan. 1st) D-Additional 12, 000 shares were sold for cash (March 31st) D-4,000,000 of 6% of convertible - NI was 350,000 Tax Rate is 25 % - 4,000,000 x 6% x 12/12
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International Financial Reporting Standards An Introduction
Authors: Belverd E. Needles, Marian Powers
3rd Edition
1133187943, 978-1133187943
