1 The two methods of preparing the statement of cash flows differ in the preparation of which sectio

1 The two methods of preparing the statement of cash flows differ in the preparation of which section?

a Operating
b Investing
c Financing
d Notes to the financial statement
e None of the other answers

2Laghenfeld Miller bought $30,000 worth of 8% semiannual bonds at 98 in the City of San Diego How much did Laghenfeld pay for the bonds?

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a $30,000
b $29,400
c $1,200
d None of the other answers

3Please refer back to question 2
How much bond interest will Mr Miller receive every six months?

a $1,200
b $2,400
c $1,176
d $30,000
e None of the other answers

4Please refer back to question 2
At maturity, how much will the bonds pay to Mr Miller (excluding interest)?

a $29,400
b $30,000
c $1,200
d None of the other answers

 

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