Business & Finance Homework Help
Prepare the text of a brief email to the controller of the company you work for. Your employer just won a major
Prepare the text of a brief email to the controller of the company you work for. Your employer just won a major
lawsuit and has received $50,000,000 in cash. The controller and CFO are planning to invest it in interest bearing debt securities ( corporate bonds). Prepare the text of an email explaining the accounting for these planned investments. Then, make a recommendation on how these debt securities should be categorized trading, available for sale, or held to maturity. Assume all $50m will be invested in one of those categories, but only one. Why do you make that particular recommendation?