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If you could, can you explain how you get to the answers for each part? Thank you 10.00 points On January 1, 2016, Baddour, Inc.,
If you could, can you explain how you get to the answers for each part? Thank you
10.00 points On January 1, 2016, Baddour, Inc., issued 12% bonds with a face amount of S167 million. The bonds were priced at $146.3 million to yield 14%. Interest is paid semiannually on June 30 and December 31 Baddour's fiscal year e 0 nds September 3 Required: 1. What amount s) related to the bonds would Baddour report in its balance sheet at September 30, 2016? Enter your answers in whole dollars.) Net bonds payable Interest payable 2. What amount(s) related to the bonds woukd Baddour report in its income statement for the year ended September 30, 2016? (Enter your answer in whole dollars. 3. What amount(s) related to the bonds would Baddour report in its statemant of cash flows for the year andad Septamber 30, 2016? In which sections) should the amounts) appear? (Enter your answers in whole dollars.) Sale of bonds Cash interest paidStep by Step Solution
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