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    bibby's Avatar
    bibby Posts: 1, Reputation: 1
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    Jan 24, 2010, 08:44 PM
    Javelin Sports sold $50,000 face value of ten-year, 8% bonds payable for $61,583 on J
    Javelin Sports sold $50,000 face value of ten-year, 8% bonds payable for $61,583 on January 1, 2007 when the market interest rate was 5%. What amount of interest expense will Javelin report for calendar year 2007?
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    Clough Posts: 26,677, Reputation: 1649
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    Jan 25, 2010, 05:23 PM
    Hi, bibby!

    Are you looking for a direct answer to your question, or for someone to help you with figuring out how to come up the correct answer yourself, please?

    If the former is true, please click on the following link to read the announcement there.

    https://www.askmehelpdesk.com/financ...-b-u-font.html

    Thanks!
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