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Business, 06.02.2021 06:00 jljhenkel

Bravo Industries intends to retire $950,000 in short-term debt using proceeds from the sale of 30,000 shares of common stock. The stock sells for $25 per share. How much of its short-term debt can Bravo exclude from current liabilities if the sale occurs after the balance sheet date but before the balance sheet issue

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Bravo Industries intends to retire $950,000 in short-term debt using proceeds from the sale of 30,00...
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