What are unsecured notes? Why would they carry a relatively high interest rate? What are convertible securities? Why are they good for the investor and for the company? Why would they carry a relatively low interest rate? What does callable mean? What advantage does this feature give a company?

Using the corporation that youve been writing about in these weekly discussions, please let us know if it has any long-term debt on its balance sheet. Please give us some information about that long-term debt. Also please calculate the times interest earned ratio for this corporation and let us know what this ratio indicates about its financial condition.

Income Statement Balance Sheet Cash Flow Financial Ratios Annual Income Statement (values in 000's) Period Ending Current Assets Get Quarterly Data Trend 12/31/2016 12/31/2015 12/31/2014 12/31/2013 Cash and Cash Equivalent $3,245,000 $1,823,000 $4,848,000 $4,410,000 Short-Term Investments $O $0 $10,000 $33,000 $732,000 $679,000 $659,000 $831,000 $171,000 Net Receivables Inventory $49,000 $128,000 $123,000 Other Current Assets $757,000 Total Current Assets $4,830,000 $3,387,000 $6,541,000 $6,241,000