Use the Following to Answer Questions

question 136

Essay

Use the following to answer questions
Arctic Cat Inc. ,the snowmobile manufacturer,reported the following in its 20X5 annual report to shareholders:
NOTE B - SHORT-TERM INVESTMENTS
Short-term investments consist primarily of a diversified portfolio of municipal bonds and money market funds and are classified as follows at March 31:
Trading securities consist of $54,608,000 and $41,707,000 invested in various money market funds at March 31,20X5 and 20X4,respectively,while the remainder of trading securities and available-for-sale securities consist primarily of A-rated or higher municipal bond investments.The amortized cost and fair value of debt securities classified as available-for-sale was $3,105,000 and $3,196,000,at March 31,20X5.The unrealized gain on available-for-sale debt securities is reported,net of tax,as a separate component of shareholders' equity.
Arctic Cat Inc.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY
Years Ended March 31,
Accumulated Other Comprehensive Income changed by the following amounts:
In its 20X4 annual report,Arctic Cat disclosed,"The contractual maturities of available-for-sale debt securities at March 31,20X4,are $3,573,000 within one year and $3,340,000 from one year through five years."
-How much did Arctic Cat actually receive from the sale of available-for-sale securities during 20X5?

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Collective Efficacy

The shared belief in the capability of a group to achieve its goals and accomplish tasks together.

Realistic Goals

Objectives that are achievable and relevant, taking into account current resources, limitations, and conditions.

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Achieving significant positive outcomes or milestones at an initial or early stage in a process or endeavor.

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Teams composed of members from different departments or areas within an organization, working together on a common project or goal.