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LI f WORKSPACE B C D 87 (9). On August 1, 2019, Howe Co. issued 300 of its 10%, $1,000 bonds at 99 plus
LI f WORKSPACE B C D 87 (9). On August 1, 2019, Howe Co. issued 300 of its 10%, $1,000 bonds at 99 plus accrued interest. The bonds are 88 dated April 1, 2019 and mature on April 1, 2029. Interest is payable semi-annually on April 1 and October 1. 89 What amount did Howe receive from the bond issuance? 90 91 A. $307,000 B. $297,000 92 C. $300,000 : D. $312,000 93 94 95 (10). Canadian Tire Corporation has many types of obligations. Which of the following is long-term debt: 96 97 38 A. Mortgages and senior term notes B. Current portion of long-term debt C. Bank indebtedness D. Trade and other payables
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