Suppose that the current carrying value of Old Navy's $1872000 face value bonds is $1865200. If the bonds are retired at 101, what would be the amount Old Navy would pay its bondholders? Ⓒ$1690720 Ⓒ$1874080 $1865200 $1872000

Suppose that the current carrying value of Old Navy's $1872000 face value bonds is $1865200. If the bonds are retired at 101, what would be the amount Old Navy would pay its bondholders? Ⓒ$1690720 Ⓒ$1874080 $1865200 $1872000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Suppose that the current carrying value of Old Navy's $1872000 face value bonds is $1865200. If the bonds are retired at 101, what
would be the amount Old Navy would pay its bondholders?
$1890720
$1874080
$1865200
$1872000

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