Business, 03.03.2020 20:54 zach238

The common stock represents 1.5 million shares of no par stock authorized, 680,000 shares issued and outstanding. The receivables from employees are due on June 30, 2022. The notes receivable are due in installments of $68,000, payable on each September 30. Interest is payable annually. Short-term investments consist of securities that the company plans to sell in 2022 and $68,000 in treasury bills purchased on December 15 of the current year that mature on February 15, 2022. Long-term investments consist of securities that the company does not plan to sell in the next year.

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