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Anarel [89]
3 years ago
14

If $525,000 of bonds are issued during the year but $210,000 of old bonds are retired during the year, the statement of cash flo

ws will show a(n)
Business
1 answer:
geniusboy [140]3 years ago
7 0

Answer and Explanation:

Given:

Issue of new bonds price = $525,000

Retired price of  bonds = $210,000

It is given that new bonds price a $525,000 issue and the value of retire Bond price will $210,000.

Issue of new bonds will increase cash by $525,000 because business gets cash from the issue of bonds and retire off the old bond will decrease cash by $210,000.

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Answer:

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Explanation:

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Based on the scenario and information provided in the question, the 90-day forward rate will be calculated as:

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