Eddie Industries issues $886,000 of 8% bonds at 103. The amount of cash received from the sale
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Question:
Eddie Industries issues $886,000 of 8% bonds at 103. The amount of cash received from the sale is
a.$886,000
b.$912,580
c.$859,420
d.$956,880
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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