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On January 1 2017. Chin Corporation issued $3,100,000, 14%, 5-year bonds. The bond interest is payable on January 1 and July 1. The bonds sold
On January 1 2017. Chin Corporation issued $3,100,000, 14%, 5-year bonds. The bond interest is payable on January 1 and July 1. The bonds sold for $3,319,600 The market rate of interest for these bonds was 12%. Under the effective-interest method, what is the interest expense for the six months ending July 1, 2017? O A. $199,176 OB. $186,000 O C. $232.372 O D. $217000
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The Management Audit How To Create An Effective Management Team
Authors: Michael Craig-Cooper, Philippe De Backer
1st Edition
0273600044, 978-0273600046
