Selected balance sheet amounts for Puff Group International Limited, a diversified electronics firm, appears next, as of December 31, 2014, and December 31, 2013.Compute the missing amounts for the two years.
Definitions:
Rights Offering
A method by which a company offers new shares to its existing shareholders in proportion to their current shareholding, typically at a discount to the current market price.
Market Price
Market price is the current price at which a security or commodity can be bought or sold in a public market.
Security
A financial instrument representing an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.
Direct Private Long-term Debt Financing
A funding method where businesses borrow money directly from private investors, bypassing traditional bank loans, usually for a period longer than one year.
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