On Jan - 1 , Our Business the Sharks Corp Issued 7 , 0 0 0 Bonds
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Question:
On Jan Our Business the Sharks Corp Issued Bonds at
Each Bond had a Face Value of $ The Maturity Date is years from Now
The Face Rate of Interest is Interest is Payable Annually on December st
Answer the Questions Below, Input your Numbers as a number only with no Decimals or Dollar signs. Input Word Answers as one word only in all small letters, no Capitals.
Compute the Total Cash Proceeds Received by the Corporation on the Date the Bonds were Issued.
Compute the Amount Shown as Bonds Payable on the Balance Sheet immediately after the Bonds are Issued.
Compute the Amount Shown as Bonds Payable on the Balance Sheet at the End of Year
Compute the Amount of Interest to be Paid on ONE Bond Annually.
Compute the Total Amount of Interest Paid Every Year on All Bonds
Is this a Premium, Discount, or Par Value Bond?
Which Interest Rate is Larger on the Date the Bonds were Issued the Bond or the Market Interest Rate.
Posted Date: