What cash proceeds did troutman receive from issuance, Accounting Basics

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What cash proceeds did troutman receive from issuance

Troutman Enterprises issued 8%, 8-year, $1,000,000 par value bonds that pay interest semiannually on October 1 and April 1. The bonds are dated April 1, 2012, and are issued on that date. The discount rate of interest for such bonds on April 1, 2012, is 10%. What cash proceeds did Troutman receive from issuance of the bonds? (Use the table) (Round answer to 2 decimal places, e.g. 125.25.)

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Accounting Basics: What cash proceeds did troutman receive from issuance

Reference No:- TGS0697147

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Recent Questions Asked Accounting Basics

Q : What is the net present value of the investment

Q : What was the amount of actual sales

Q : Which cost-allocation criterion is most likely

Q : Create full marketing strategy using company and product

Q : What cash proceeds did troutman receive from issuance

Q : New and seal''s taxable income

Q : How to using the formula method

Q : What was the overall result of having entered into hedge

Q : What amount should the equipment

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Accounting Basics: What cash proceeds did troutman receive from issuance

Reference No:- TGS0697147

Recent Questions Asked Accounting Basics

Q : What is the net present value of the investment

Q : What was the amount of actual sales

Q : Which cost-allocation criterion is most likely

Q : Create full marketing strategy using company and product

Q : What cash proceeds did troutman receive from issuance

Q : New and seal''s taxable income

Q : How to using the formula method

Q : What was the overall result of having entered into hedge

Q : What amount should the equipment

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