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17 Over the first four years of a company's life, it earned the following net income (loss): $6,000; $2,000; $8,000, and ($1,000). If the company's
17 Over the first four years of a company's life, it earned the following net income (loss): $6,000; $2,000; $8,000, and ($1,000). If the company's ending retained earnings is $10,600 after year 4, what is the average amount of dividends paid per year? Skipped Multiple Choice eBook $0. $15,000. $1,100. $4,400. 24 Assume that on July 1, 2021, Togo's Sandwiches issues a $1.92 million, one-year note. Interest is payable at maturity. Determine the amount of interest expense that should be recorded in a year-end adjusting entry under each of the following independent assumptions: (Enter your answers in dollars, not in millions. Do not round intermediate calculations. Round your answers to the nearest dollar amount.) Skipped Fiscal Year- Interest Rate Interest Expense 9 % 10 % 5% 8 % End December 31 September 30 October 31 January 31 eBook Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2021. THA's accountant has projected the following amortization schedule from issuance until maturity: Interest Expense Increase in Carrying Value Cash Paid Skipped Date 01/01/2021 06/30/2021 12/31/2021 06/30/2022 12/31/2022 06/30/2023 12/31/2023 $10,800 10,800 10,800 10,800 10,800 10,800 $12,815 12,916 13,021 13,132 13,249 13,372 $2,015 2,116 2,221 2,332 2,449 2,572 Carrying Value $ 256,295 258,310 260,426 262, 647 264,979 267,428 270,000 eBook THAIssued the bonds for: Multiple Choice O $256,295 $334,800. oo Cannot be determined from the given information $270,000
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