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Cronan, Inc., sells $1,000,000 general obligation bonds for 98. The interest rate on the bonds, paid quarterly, is 6 percent. Calculate (a) the amount that the company will actually receive from the sale of the bonds, and (b) the amount of both the quarterly and the total annual cash interest that the company will be required to pay.
what are the substantive procedures using generalized audit software to audit.
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International Monetary Fund
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Based on the sustainable growth model, if a company finances its assets with 75 percent debt and 25 percent equity, and retains 3 million dollar in earnings in a given year,
Samco producing has always buy a certain component part from supplier on the East Coast for dollar 50 per part. The supplier is reliable & has maintained the same value structure for years.
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