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The Bradford Company sold the entire bond issue described in the previous exercise to Saxton-Bose Corporation.
Required:
1. Prepare the journal entry to record the purchase of the bonds by Saxton-Bose on January 1, 2011.
2. Prepare the journal entry to record interest revenue on June 30, 2011 (at the effective rate).
3. Prepare the journal entry to record interest revenue on December 31, 2011 (at the effective rate).
Shine Bakery produces specialty coffee machines. Shine uses a standard cost system. Data regarding production during August are as follows
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Based on the following information, calculate the coefficient of variation and select the best investment based on the risk/reward relationship. Std Dev. Exp. Return
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