The following annual date pertains to Badidap corp. Financial breakeven point 519000 Preferred Dividends  225,000 Tax Rate 40% What is the monthly interest payment of Badidap corp?

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter13: Long-term Liabilities
Section: Chapter Questions
Problem 6MC: On July 1, a company sells 8-year $250,000 bonds with a stated interest rate of 6%. If interest...
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The following annual date pertains to Badidap corp.

Financial breakeven point 519000
Preferred Dividends  225,000
Tax Rate 40%

What is the monthly interest payment of Badidap corp?

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