Compute the cash proceeds from bond issues

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Reference no: EM131266866

Compute the cash proceeds from bond issues under the following terms. For each case, indicate whether the bonds sold at a premium or discount. (Round your answers to the nearest whole dollar amount.)

1. Few, Inc., issued 239,000 of 8 year 7 percent bonds at 102:

2. Files co., issued 121,000 of 4 year, 6 percent bonds at 97:

3. Fry co., issued 163,000 of 10 year 7 percent bonds at 102.25:

4. Ford inc., issued 41,000 of 5 year 6 percent bonds at 99.5:

Reference no: EM131266866

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