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11 or 40 Most of the information regarding a company's long-term debt can be found Select one: a on the cash flow statement. O b.
11 or 40 Most of the information regarding a company's long-term debt can be found Select one: a on the cash flow statement. O b. on the statement of financial position O c in the notes to the financial statements O d. in the statement of earnings Note . Unsure |||||||||| 12 or 40 On January 1, 20X6, Goldstein Company purchased a machine The seller agreed that a total of $9,000 would be paid over a three-year period-$3,000 per year at the end of 20X6, 20X7, and 20X8 At the time the machine was purchased the market rate of interest was 10% What amount should be debited to the asset account, Machinery, on the date of purchase (round to the nearest dollar)? Select one O a. $9,016 O b. $7.461 c. $9.948 Od $9,000 13 of 40 If a bond is issued at a premium, the coupon rate is Select one: a. less than the effective rate. b. not used to determine the bond's sale price, c. greater than the effective rate d. equal to the effective rate Unsure 14014 of 40 If a bond is issued at a discount, the coupon rate is Select one: O a equal to the effective rate b. less than the effective rate O c. not used to determine the bond's sale price Od greater than the effective rate sin
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