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On January 1 of Year 1, Congo Express Airways Issued

question 184

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On January 1 of Year 1, Congo Express Airways issued $3,500,000 of 7% bonds that pay interest semiannually on January 1 and July 1. The bond issue price is $3,197,389 and the market rate of interest for similar bonds is 8%. The bond premium or discount is being amortized at a rate of $10,087 every six months.
-After accruing interest at year end, the company's December 31, Year 1 balance sheet should reflect total liabilities associated with the bond issue in the amount of:

Describe specific CSR efforts by companies to mitigate criticism and support social responsibility.
Understand the factors that influence the likelihood of helping behavior.
Distinguish between evolutionary and social psychological theories of altruism.
Recognize the effects of the bystander's perceptions on their intervention decisions.

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