Question: If $ 2 , 0 0 0 , 0 0 0 of 1 0 % bonds are ihwued at 9 5 , the amount of

If $2,000,000 of 10% bonds are ihwued at 95, the amount of cash recelved lrom the sale is Optch
51,900,000
32,000,000
52,100.000
$2.200.000
If $ 2 , 0 0 0 , 0 0 0 of 1 0 % bonds are ihwued

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

On February 1 , 2 0 1 8 , Cromley Motor Products issued 1 0 % bonds , dated February 1 , with a face amount of $ 8 0 million . The bonds mature on January 3 1 , 2 0 2 2 ( 4 years ) . The market yield...

Q:

based on the following what is the companys ending cash balance? begining cash 4 0 0 0 0 0 , net income 3 0 0 0 0 0 , increase accounts receivable 4 0 0 0 0 , amoritization expense 3 0 0 0 0 ,...

Q:

based on the following what is the companys ending cash balance? begining cash 4 0 0 0 0 0 , net income 3 0 0 0 0 0 , increase accounts receivable 4 0 0 0 0 , amoritization expense 3 0 0 0 0 ,...

Q:

based on the following what is the companys ending cash balance? begining cash 4 0 0 0 0 0 , net income 3 0 0 0 0 0 , increase accounts receivable 4 0 0 0 0 , amoritization expense 3 0 0 0 0 ,...

Q:

based on the following what is the companys ending cash balance? begining cash 4 0 0 0 0 0 , net income 3 0 0 0 0 0 , increase accounts receivable 4 0 0 0 0 , amoritization expense 3 0 0 0 0 ,...

Q:

taser company icurred research and development costs of 1 0 0 0 0 0 and legal fees of 4 0 0 0 0 to acquire a patent. the patent has a legal life of 2 0 years ad a useful life of 1 0 years. what...

Q:

how do you find the discount? Your answer is partially correct. Prepare the entries that would be recorded by Blossom Inc. for the sale on December 31, 2020. (Round answers to decimal places, eg....

Q:

The comparative balance sheet of Hirayama Industries Inc. for December 3 1 , 2 0 Y 2 and 2 0 Y 1 , is as follows: 1 Dec. 3 1 , 2 0 Y 2 Dec . 3 1 , 2 0 Y 1 2 Assets 3 Cash $ 4 8 6 . 0 0 $ 1 5 8 . 0 0...

Q:

Need help with the transaction set. Journal & ledgers ASAP OPERATING INSTRUCTIONS Introduction After you register for Seaside Marina, you will receive an email from Ivy Software containing three...

Q:

This is for accounting. I need the answers as soon as possible to compare because my professor will not help. The transaction set and workbook is attached. OPERATING INSTRUCTIONS Introduction After...

Q:

If in a rigid rotator of mass m, the energy of fourth excited is &o, then energy of the first excited state is (in terms of so). 10. (Answer should be an integer)

Q:

Explain two ways that a chromosomal rearrangement can cause a position effect.

Q:

What is the total startup cash flows associated with this project An office is looking to install a new IT system. The new system would cost $12,000 in hardware, plus $3,000 in software, and an...

Q:

Pharoah Company reported the following amounts for 2022: Raw materials purchased $95,200 Beginning raw materials inventory 5,824 Ending raw materials inventory 5,040 Beginning finished goods...