The note about debt included in the financial statements of Healdsburg Company for the year ended December

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The note about debt included in the financial statements of Healdsburg Company for the year ended December 31, 2015 disclosed the following: Debt. The following table summarizes the long-term debt of the Company at December 31, 2015. All of the notes were issued at their face (maturity) value. 7.25% notes due 2016 $ 201,335,000 7.75% notes due 2023 $ 345,154,000 8% notes due 2030 $ 225,000,000 7.63% notes due 2038 $ 200,000,000 6.55% notes due 2017 $ 25,000,000.
Assuming that the notes pay interest annually and mature on December 31 of the respective years. Compute the total cash interest payments in 2016 for these notes.
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Understanding Financial Accounting

ISBN: 978-1118849385

1st Canadian Edition

Authors: Christopher Burnley, Robert Hoskin, Maureen Fizzell, Donald

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