Ewing Corporation issues $200,000 of 8%, 5-year bonds on January 1, 2004, at 104. Assuming that the

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Ewing Corporation issues $200,000 of 8%, 5-year bonds on January 1, 2004, at 104. Assuming that the straight-line method is used to amortize the pre- mium, what is the total amount of interest expense for 2004?

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471691952

3rd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Ewing Corporation issues $200,000 of 8%, 5-year bonds on January 1, 2004, at 104. Assuming that the

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Financial Accounting Tools For Business Decision Making

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