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Daisy,Inc. ,has taxable income of $850,000 during 2012,its first year of operations.Daisy distributes dividends of $200,000 to its 10 shareholders (i.e. ,$20,000 each).Daisy earmarks $361,000 of its earnings for potential future expansion into other cities.
Debt Investments
Investments made by purchasing debt instruments, such as bonds, where the investor becomes a creditor to the issuer.
Journal Entries
Recorded transactions in the accounting journal that show the financial activities of a company.
Marketable
Describes assets or securities that can easily be sold or converted into cash without a significant loss in value.
Cash Dividend
A payout from the company's profits, determined by the board of directors, given to certain shareholders as cash.
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