Answer:
C) 3.09 years
Explanation:
Calculation for How long has she owned this land
Using financial calculator to calculated the number of years
I/Y = -1.5%
Present value=PV = -$67,900
PMT = 0
Fair value=FV = 64,800
First step is to Press CPT and then N, which will gives us 3.09 years
Therefore has she to owned this land for 3.09 years.
Answer:
D) consumption of higher-calorie items increased, contrary to the law's objective.
Explanation:
In the case when the federal government begins to print calories that are next to menu items so the higher calories item consumption would be rise that contrast to the objective of the law
So according to this, the option d is correct
and the rest of the options are incorrect
the same would be relevant
Answer:
Merchandise inventory appears on the balance sheet of a service company.
Explanation:
A service company sells services, not goods. Services are intangible, therefore they cannot be stored, so there cannot exist an inventory of unused services.
Merchandise inventory includes the goods that a business owns and will try to sell, and buying and selling them is part of the business's normal activities. The cost of the goods included in the merchandise inventory may include freight costs and packaging costs, depending on what type of product they are selling. Merchandise inventory is a current asset account.
Answer:
When interest rate rises, the quantity of money demanded reduces
Explanation:
As interest rate increases firms seeking to borrow money for capital stock expansion are likely not going to go ahead with it. The reason is simply because, interest rate and money demanded have an inverse relationship. As interest rate rises money demanded falls because it means that for any amount of money borrowed the interest rate attached to it is higher making the cost of borrowing heavier on the borrower.
