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If $516,000 of 8% bonds are issued at 97, the amount of cash received from the sale is a. $500,520 b. $474,720 c. $557,280 d.

If $516,000 of 8% bonds are issued at 97, the amount of cash received from the sale is a. $500,520 b. $474,720 c. $557,280 d. $516,000The statement of cash flows is not useful for a. determining a company's ability to pay its debts b. determining a company's ability to pay dividends c. planning future investing and financing activities d. determining the net worth of a company

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