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The note about debt included in the financial statements of Healdsburg Company for the year ended December 31,2015 disclosed the following:
Debt.The following table summarizes the long-term debt of the Company at December 31,2015.All of the notes were issued at their face (maturity)value.
Required: Assuming that the notes pay interest annually and mature on December 31 of the respective years,compute the following:
-The total cash interest payments in 2016 for these notes.
Correct Answer:

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($201,335,000 x 0.0725)+ ($345...View Answer
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