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Courtenay Manufacturing Inc. has $250,000 of 14% debenture bonds outstanding. The bonds were issued at Requirements 1. How much cash did Courtenay receive when issued
Courtenay Manufacturing Inc. has $250,000 of 14% debenture bonds outstanding. The bonds were issued at Requirements 1. How much cash did Courtenay receive when issued these bonds? 2. How much cash in total will Courtenay pay the bondholders through the maturity date of the 3. Take the difference between your answers to Requirements 1 and 2. This difference represents 4. Compute Courtenay's annual interest expense by the straight line amortization method. Multiply 8863 88 Requirement 1. How much cash did Courtenay receive when itsed these bonds? Courtenay Manufacturing Inc. received $ t bond nuance. Requirement 2. How much cash in total wil Courtenay pay the bondholders through the Courtenay Manufacturing Inc. will pay the bondholders through the maturity date of the bonds Requirement 3. Take the difference between your answers to Requirements 1 and 2. This The difference between your answers to Requirements 1 and 2 Requirement 4. Compute Courtenay's annual interest expense by the straight Ine amortizati Courtenay's annual interest expense by the straighte amortization method is $ Mto the worst expense by 2050 SSS
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