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Need help. been ongoing for the last year. e. On February 9, the company settled a lawsuit for $0.7 million arising from an accident in

Need help.

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been ongoing for the last year. e. On February 9, the company settled a lawsuit for $0.7 million arising from an accident in its manufacturing plant on January 2. f. On February 12, a severe blizzard caused $450,000 in damages to the company's manufacturing facility. g. On January 6, the company acquired a medium-sized competitor for $207 million. 2. Related Parties. The Firefly Company is preparing its annual financial statements and needs to identify its related parties. Which of the following would be related parties of the Firefly Company? Party Related Party (Yes or No) a. A member of Firefly's board of directors b. A shareholder who owns 25% of Firefly's shares c. A shareholder who owns two shares of Firefly's stock d. Firefly's chief executive officer le. The husband of Firefly's chief financial officer f. Firefly's pension trust fund g. A company in which Firefly owns 40% of its stock h. A company in which Firefly owns 100 shares, less than 1% of its stock

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