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14) On July 10, Becca Company made a $10,000 credit sale under the terms 2/10, net 30. If Becca receives the full payment of the

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14) On July 10, Becca Company made a $10,000 credit sale under the terms 2/10, net 30. If Becca receives the full payment of the account on July 19, the amount of cash received is A $ 9,800 B. $ 9.700 C $ 10,300 D. $ 10.000 E. $ 10,200 Your Answer Use the following information for the next five questions 15-19 Debbie Debs, Inc. (DI) issued a 10 year, $100,000 face bond with a 10% interest rate. The bond pays the interest for 10 years and then pays the principal of $100,000 at the end of the 10th year 15) If the current interest rates are 10% at the time of issue, on the date of issue, DDI wil receive A $100,000.00 B $ 91,954.77 C $ 73.734.81 D. $ 88,699.55 E None of the above Your Answer 16) If the current interest rates are 12% at the time of issue, on the date of issue, DOI will receive A $ 104,986.81 B $ 113.420.16 C. $ 88,699.55 D $ 100,000.00 E None of the above Your Answer on the date of issue, DOI 17) If the current interest rates are 8% at A $ 104 986 81 B S 113,420.16 C $ 77,399 11 D $ 100 000.00 E None of the above Your Answer 18) If the DDibonds are sold to yield 1256, they will be said to be sold at A discount E the coupon rate None of the above Your Answer 19) the DDI bonds are issued to yield 12%, the face interest rate of 10% is also known as A The effective rate B. The coupon rate C. The premium rate D. The discount rate E None of the above Your Answer 20 Which accounting assumption assumes that an enterprise will continue indefinitely A Monetary unit assumption B Economic entity assumption c. Time period assumption D Going concern assumption E None of these

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