If $1,148,000 of 6% bonds are issued at 102 1/2, The amount of cash received from the sale is Oa. $1,176,700 Ob. $1,148,000 Oc. $1,216,880 Od. $861,000
If $1,148,000 of 6% bonds are issued at 102 1/2, The amount of cash received from the sale is Oa. $1,176,700 Ob. $1,148,000 Oc. $1,216,880 Od. $861,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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36
Transcribed Image Text:If $1,148,000 of 6% bonds are issued at 102 1/2, The amount of cash received from
the sale is
Oa. $1,176,700
Ob. $1,148,000
Oc. $1,216,880
Od. $861,000
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