On January 1, 2021, Swifty Corporation redeemed its 15-year bonds of $7050000 par value for 101. They were originally issued on January 1, 2009 at 93 with a maturity date of January 1, 2024. Swifty amortizes discounts and premiums using the straight-line method. What amount of loss should Swifty recognize on the redemption of these bonds (ignore taxes)

Afirm wants to strengthen its financial position. which of the following actions would increase its current ratio? a. reduce the company's days' sales outstanding to the industry average and use the resulting cash savings to purchase plant and equipment. b. use cash to repurchase some of the company's own stock. c. borrow using short-term debt and use the proceeds to repay debt that has a maturity of more than one year. d. issue new stock, then use some of the proceeds to purchase additional inventory and hold the remainder as cash. e. use cash to increase inventory holdings.