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Not On January 1 year la company issues 5%, 10 year $400,000 par value bonds that pay annual interest on December 31 of every year.
Not On January 1 year la company issues 5%, 10 year $400,000 par value bonds that pay annual interest on December 31 of every year. The bonds were issued af 103 Required: Calculate the total borrowing cost (financing cost) for the company, over the ele of the bench Use the following information to calculate the net cash provided (inflow) or used by (outflow) from financing activities for the Lulu Corporation Net income, $10.000 (a) Sold common stock for $40.000 cash (b) Paid cash dividend at $13.000 (c) Repayment of bond payable $26.000 (d) Purchased equipment for $12.000 cash lel Issued long term mortgage notes payable for $250,000 cash (1)
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