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When the market rate of interest was 11%, Mickey Corporation issued $1,000,000, 12%, 8 year bonds that pay interest semiannually. The selling price of this bond issue was?
On that date, when the market price of Hunter was $14 per share, there were 90,000 shares of Pierson outstanding. What gain and net reduction in retained earnings would result from this property dividend?
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On November 1, Prince Vacuum Company offered special early retirement benefits to those employees who were eligible. This program was in effect until year-end. Prince should recognize a liability and an expense related to these special termination..
if the current ratio increases from one year to the next it does not necessarily follow that the amount of working
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