A Company Has Bonds Outstanding with a Par Value of $100,000

question 18

Multiple Choice

A company has bonds outstanding with a par value of $100,000. The unamortized discount on these bonds is $4,500. The company retired these bonds by buying them on the open market at 97. What is the gain or loss on this retirement?

• A) $0 gain or loss.
• B) $1,500 gain.
• C) $1,500 loss.
• D) $3,000 gain.
• E) $3,000 loss.

Comprehend the relationship between mind and body.

Understand the importance of critical thinking in evaluating information.

Distinguish between individualistic and collectivist cultures and their impact on behavior.

Understand and calculate the total quantity of materials needed to produce a specified number of product units.