Business, 08.04.2021 15:50, dontcareanyonemo
In its 2001 annual report, investors of Adelphia Communications were startled to find a footnote to its financial statements that reported the company had guaranteed as much as $2.7 billion in loans to a private entity owned by CEO John Rigas and his family. As a result of the footnote, Adelphia lost more than 50 percent of its market value in little more than a week.
Required:
Explain why you think the market value of Adelphia fell so dramatically with the footnote disclosure that the company had guaranteed loans to an entity owned by the company's CEO and his family.
Answers: 1
Business, 22.06.2019 11:00, littlesami105
Which ranks these careers that employers are most likely to hire from the least to the greatest?
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Business, 22.06.2019 19:50, annabanana1298
Juan's investment portfolio was valued at $125,640 at the beginning of the year. during the year, juan received $603 in interest income and $298 in dividend income. juan also sold shares of stock and realized $1,459 in capital gains. juan's portfolio is valued at $142,608 at the end of the year. all income and realized gains were reinvested. no funds were contributed or withdrawn during the year. what is the amount of income juan must declare this year for income tax purposes?
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Business, 22.06.2019 22:30, chad65
Which of the following situations is most likely to change a buyer's market into a seller's market? a. a natural disaster that drives away a lot of the population. b. the price of building materials suddenly going up. c. the government buys up a lot of houses to build a new freeway. d. a factory laying off a lot of workers in the area.
Answers: 1
In its 2001 annual report, investors of Adelphia Communications were startled to find a footnote to...
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