Use the Following to Answer Questions

question 3

Multiple Choice

Use the following to answer questions
Victor Company issued bonds with a $250,000 face value and a 6% stated rate of interest on January 1,2016.The bonds carried a 5-year term and sold for 95.Victor uses the straight-line method of amortization.Interest is payable on December 31 of each year.
-The amount of cash flow from operating activities on the December 31,2018 statement of cash flows would be:

• A)$17,500.
• B)$15,000.
• C)$14,250.
• D)$12,500.

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Definitions:

Prospect

An identified individual who may have an interest in a company's offerings, either a product or a service.

Event Planner

A professional responsible for organizing and coordinating all aspects of events, such as meetings, conferences, and social gatherings, ensuring they run smoothly.

Spontaneity

The quality of being unrehearsed or unpremeditated, often leading to genuine and immediate reactions or actions.

Persuasive Powers

The ability to convince others to adopt a certain perspective, belief, or to make a decision in one's favor through argument or appeal.