Question: Current Attempt in Progress On May 2, Splish Company lends $8,900 to Chang, Inc., issuing a 6-month, 10% note. At the November 2, maturity date,

Current Attempt in Progress On May 2, Splish Company lends $8,900 to Chang, Inc., issuing a 6-month, 10% note. At the November 2, maturity date, Chang indicates that it cannot pay. Parts b and care independent assumptions.

On May 2. Splish Compamy lends \$8,900 to Chang. Inc., issuing a 6 month, 10% note. At the November 2, maturity date, Chang indicates that it cannot pay. Parts b and c are independent assumptions

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