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May you please help me with this, thank you Ryan Ltd. sold equipment with a book value of $80,000 for a $15,000 loss, sold Ryan
May you please help me with this, thank you
Ryan Ltd. sold equipment with a book value of $80,000 for a $15,000 loss, sold Ryan Ltd. common stock for $150,000, repaid a notes payable for $220,000 (this amount includes $20,000 of interest. on the notes payable), paid dividends of $55,000, resold treasury stock for $25,000 (the treasury stock was originally purchased for $15,000 ), and recelved dividends in the amount of $30,000. The net cash outflow from financing activities was: $60.000 $70,000 $80,000 $50,000 None of the above. Question 18 4pts On January 1, 2020, Oliver Company issued $4 million of 10 year bonds at an 8% stated interest rate to be paid annually. Oliver Company issued the bonds for $3,501,514 since the market rate of interest was 10%. What is the carrying value of the bond that Oliver Company would report on its December 31,2020 balance sheet? (round to the nearest dollar) $3,531,665$3,500,000$3,526,438$3,516,590$4,000,000 Step by Step Solution
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