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M10-14 (Algo) Analyzing the Impact of Transactions on the Debt-to-Assets Ratio [LO 10-5] BSO, Incorporated, has assets of $810,000 and liabilities of $607,500, resulting in

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M10-14 (Algo) Analyzing the Impact of Transactions on the Debt-to-Assets Ratio [LO 10-5] BSO, Incorporated, has assets of $810,000 and liabilities of $607,500, resulting in a debt-to-assets ratio of 0.75. For each of the following transactions, determine whether the debt-to-assets ratio will increase, decrease, or remain the same, and enter the value of the new debt-to-assets ratio. Each item is independent. (Round your answers to 2 decimal places.) PA10-4 (Algo) Comparing Bonds Issued at Par, Discount, and Premium [LO 10-3] Net Work Corporation, whose annual accounting period ends on December 31, issued the following bonds: Date of bonds: January 1,2021 Maturity amount and date: $220,000 due in 10 years (December 31,2030 ) Interest: 11.0 percent per year payable each December 31 Date issued: January 1, 2021 Required: For each of the three independent cases that follow, provide the amounts to be reported on the January 1,2021 , financial statements immediately after the bonds were issued: (Deductions should be indicated by a minus sign.)

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