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Consideration is being given to forming a Super Ten Basketball Conference. The top 10 university basketball teams in the country, based on past records, would be members of the Super Ten Conference. Each team would play every other team in the conference during the season and the team winning the most games would be declared the national champion. How many games would the conference commissioner have to schedule each year? (Remember, McMaster versus Alberta is the same as Alberta versus McMaster.)
Equity Securities
Financial instruments representing ownership interest in a corporation, such as stocks.
Debt Securities
Financial instruments representing a loan made by the investor to the issuer, which can include government bonds, corporate bonds, and other types of debts.
Investing Activities
Transactions involving the purchase and sale of long-term assets and other investments, recorded in the cash flow statement.
Financing Activities
Transactions related to raising capital, repaying loans, and paying dividends, reflecting in the cash flow from financing section of a firm's cash flow statement.
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