On January 1,2017,Sharpsburg,Inc

question 104

Multiple Choice

On January 1,2017,Sharpsburg,Inc.issued $400,000,ten-year,10% bonds for $354,200.The bonds pay interest on June 30 and December 31.The market rate is 12%.What is the carrying value of the bonds at the end of the ten years?

• A)$400,000
• B)$480,000
• C)$380,000
• D)$354,200

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Theory of Intelligence

Conceptual frameworks designed to understand the various aspects and abilities attributed to intelligence.