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An issuer with a December 31, 2020 year end, has $600 million of public float as of June 30, 2020, and $95 million annual revenue.
- An issuer with a December 31, 2020 year end, has $600 million of public float as of June 30, 2020, and $95 million annual revenue. Does the issuer qualify as an SRC for the year ending December 31, 2020? Yes or no? Why?
- Determine if Company A is an accelerated filer at December 31, 2020. As at December 31, 2020, it met the three conditions listed above. And, on June 30, 2020, it had 1,850,200 common shares outstanding. The closing market price of its common stock on the NY Stock Exchange on June 30, 2020 was $52. Is Company A an accelerated filer on December 31, 2020? Yes or no? Why?
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Horngrens Accounting The Managerial Chapters
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
12th edition
013448682X, 978-0134486826
