What price did the bonds sell
A company issued 5%, 20-year bonds with a face amount of $80 million. The market yield for bonds of similar risk and maturity is 6%. Interest is paid semiannually. At what price did the bonds sell?
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Which of the following is an example of a financing activity?
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The financial statements for Joseph Corporation contained the following information.
Suppose a firm has net income of $50, dividends of $15, assets of $1,200, and a debt-equity ratio of 3.5%. What is the sustainable growth rate?
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Indicate the amount and nature (favorable or unfavorable) of each of the following variances. Show your work on the amounts for partial credit.
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