Question: A company reported that its bonds with a par value of $50,000 and a carrying value of $64,500 are retired for $69,000 cash, resulting in
A company reported that its bonds with a par value of $50,000 and a carrying value of $64,500 are retired for $69,000 cash, resulting in a loss of $4,500. The amount to be reported under cash flows from financing activities is:
Multiple Choice
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$14,500.
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$(14,500).
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$(4,500).
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$(69,000).
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$(64,500).
A company has 39,000 shares of common stock outstanding. The stockholders' equity applicable to common shares is $479,700, and the par value per common share is $10. The book value per share is:
Multiple Choice
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$10.00.
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$2.30.
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$12.30.
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$0.08.
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$47.97.
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