Business, 25.02.2020 04:33 tiffcarina69

A company reported that its bonds with a par value of $50,000 and a carrying value of $57,000 are retired for $60,000 cash, resulting in a loss of $3,000. The amount to be reported under cash flows from financing activities is:
a.$3,000 outflow.
b.$60,000 outflow.
c.$57,000 outflow.

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A company reported that its bonds with a par value of $50,000 and a carrying value of $57,000 are re...

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