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Category > Business & Finance Posted 30 Apr 2017 My Price 6.00

ohnson Company issue

Johnson Company issued bonds with $100,00 face value on January 1, 2008. The five year term bonds were issued at 98 and had a 7% stated rate of intrest that is payable in cash on December 31st of each year. Based on this information: The amount of intrest expense shown on the Johnson's December 31, 2008 income statement would be:

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Status NEW Posted 30 Apr 2017 07:04 AM My Price 6.00

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