A $200,000,8% Bond Issue Was Sold at Face Value and Later

question 75

Multiple Choice

A $200,000,8% bond issue was sold at face value and later redeemed at 110.The corporation would have a:

• A)gain of $20,000.
• B)loss of $20,000.
• C)gain of $8,000.
• D)loss of $8,000.

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Definitions:

Heavy Exercise

Intense physical activity that significantly increases heart rate and energy expenditure, often aimed at improving health or athletic performance.

Legal Purposes

Activities or actions that are carried out in accordance with the law or are related to the legal system.

Tampering

Interfering with something in a misleading or unauthorized way, often to cause damage or unauthorized modifications.

Chain

A series of connected links or rings, usually made of metal, used for fastening, lifting, or securing objects.