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Business, 10.08.2021 05:00 ehehvevsbg
Coronado Industries has $3100000 of short-term debt it expects to retire with proceeds from the sale of 85000 shares of common stock. There is no contractual agreement to retire the debt with the stock sale proceeds. If the stock is sold for $25 per share subsequent to the balance sheet date, but before the balance sheet is issued, what amount of short-term debt could be excluded from current liabilities
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Coronado Industries has $3100000 of short-term debt it expects to retire with proceeds from the sale...
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