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I need to get some help on this one. Could you please carefull to give clear answers. Thanks. Rangel Corporation issued $520,000 of 7%,10-year bonds
I need to get some help on this one. Could you please carefull to give clear answers. Thanks. Rangel Corporation issued $520,000 of 7%,10-year bonds payable on March 31, 2019. The market interest rate at the date of issuance was 9%, and the bonds pay interest semiarnualy. Rangel Corporation's year-end is March 31 . Review the following amortization table for Range's bonds: (Click the icon to view the amortization table). Read the teguiements: Requirements foy pay back at Using the amontization table for Rangel's bonds, answer the questions below: 1. How much cash did Rangel Corporation bornck on March 31, 20197 How much cash will the company pay back at maturity on March 31, 2029? 2. How much cash interest will the company pay each six months? 3. How much interest expense will Rangel Corporation report on September 30 . 2019, and on March 31, 20207 Why does the amount of interest expense. increase each period
I need to get some help on this one. Could you please carefull to give clear answers. Thanks.
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