Answer:
price level changes
Explanation:
The demand curve refers to a graph that shows the change in the demand for a commodity or service as a result of the change in its price.
The aggregate demand curve is a graph that shows the total quantity of all goods and services demanded by the economy at different prices.
Aggregate demand curve shifts except when price level changes.
Answer:
True
Explanation:
Strategic planning process is what help identify the objectives of a business and then develop plan to achieving those objectives. It gives direction to management decision while addressing business challenges.
The aim of strategic planning process is to prevent a company from carrying out task without directions because when those controlling business or its owners do not have clear vision, wrong decision may be made hence create problems for the employee regarding their stand in the company.
Strategic planning process includes identifying strategic position, gather information, conduct SWOT analysis, create a strategic plan, execute the strategic plan etc.
Answer: review your strengths, weaknesses, and career goals
Answer:
$807,992
Explanation:
issue $902,000 with a 6% semiannual coupon and 10 year maturity. coupon payment = $27,060
if the annual market interest rate = 7.5%, the bonds should be sold at a discount:
issue price = present value of face value + present value of interest payments
- present value of face value = $902,000 / (1 + 3.75%)²⁰ = $431,961
- present value of annuity = $27,060 x {1 - [1 / (1 + 3.75%)²⁰]} / 3.75% = $376,031
issue price = $431,961 + $376,031 = $807,992
the journal entry should be:
Dr Cash 807,992
Dr Discount on bonds payable 94,008
Cr Bonds payable 902,000
Answer:
True
Explanation:
The statement ' An investment has the option of daily compounding, monthly compounding, or annual compounding. The present value of this investment will be lowest when the investment is compounded daily ' is true.
Investment refers to the process of investing money to earn money.
Investment refers to purchasing goods that may not be used today but are consumed in the future to create wealth.
