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do bothh Question 14(1 point) Barney Inc. has a December 31 fiscal year. On June 1.year 1, Bumejtessa bonds that pay interest on November 30
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Question 14(1 point) Barney Inc. has a December 31 fiscal year. On June 1.year 1, Bumejtessa bonds that pay interest on November 30 and May 31. The bonds were issued for 116000. The bonds have a face value of $ 36000. The bondspray interest annual interest rate of 8%. The annual market rate on the bends at the time they were issued was 4%. The current annual market rate on bonds is 7% Calculate interest expense on the bonds for the year ended December 31, yet Round your answer to the nearest dollar. Please note that you do not reqme present value tables to answer this question so their omission is delibente) Your Answer: Answer 1 Question 15 (1 point) Short-term investments had a beginning dr balance of $160000 at the beginning of the month. During the month, short-term investiments were debited 525000 and credited $28000. What is the balance of short-term investments at the end of the 24 month? Your Answer: 27 Answer DEBORA Step by Step Solution
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