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Question - In 2020, Cottrell purchased 2,000 shares of stock in Schaefer Corporation for $50,000 when the stock was selling for $25 per share. Schaefer is one of Cottrell's suppliers and Cottrell hope to solidify a long-term relationship between the companies with the stock purchase. During 2021, Schaefer's net income was $170,000 and the stock was selling for $32 per share at the end of 2021. Cottrell received $1,400 in dividends from Schaefer on this investment. Schaefer has a total of 8,300 shares of common stock outstanding. Record the entries related to the Schaefer stock in 2021.
If Mary repays $1,600 per year, then how long (to the nearest year) will it take her to repay the loan? Do not round intermediate calculations.
Calculate is the actual cost of the acquisition using company stock - Synergy is one of the factor that make mergers success. Discuss three examples of mergers
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