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13. Juniper, Inc. invests its excess cash in Barton Industries, Inc. and acquires 6,300 shares...

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Accounting

13. Juniper, Inc. invests its excess cash in Barton Industries, Inc. and acquires 6,300 shares for $27,5 per share. Juniper, Inc. owns less than 3% of Barton Industries voting stock and plans to hold the stock for three years. What is the correct journal entry for the transaction?

12. On July 1 a company issues a $100,000 bond that pays interest semi-annually. The first interest payment of $2,150 is paid on January 1. What is the stated annual interest rate on the bond

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