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Eddie Industries issues $1,500,000 of 8% bonds at 105, the amount of cash received from the sale is? a. $1,425,000 b. $1,000,000 c. $1,575,000 d.
- Eddie Industries issues $1,500,000 of 8% bonds at 105, the amount of cash received from the sale is?
a.
$1,425,000
b.
$1,000,000
c.
$1,575,000
d.
$1,080,000
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Managerial Accounting
Authors: James Jiambalvo
3rd Edition
0470038152, 978-0470038154
