Question
A company has an investment in 8% bonds with a par value of $144,000 that pay interest on October 1 and April 1. The amount
A company has an investment in 8% bonds with a par value of $144,000 that pay interest on October 1 and April 1. The amount of interest accrued on December 31 (the company's year-end) would be:
$960.
$2,880.
$11,520.
$1,920.
$5,760.
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Food And Beverage Cost Control
Authors: Lea R. Dopson, David K. Hayes
5th Edition
0470251395, 978-0470251393
