Answer:
1.
1 Jan 2019
Cash 2100000 Dr
Bonds Payable 2100000 Cr
2.
30 June 2019
Interest expense 73500 Dr
Cash 73500 Cr
31 Dec 2019
Interest expense 73500 Dr
Cash 73500 Cr
3.
31 Dec 2022
Bonds Payable 2100000 Dr
Cash 2100000 Cr
Explanation:
1.
The bonds are assumed to be issued at par value as the market interest rate is not given and is assumed to be the same as the interest rate on bonds of 7%. The issuance of bonds on par is recorded as a debit to the cash received against the bonds and a credit to the bonds payable account.
2.
The semi annual interest payment on bond is,
Bond interest-semi annual = 2100000 * 0.07 * 6/12 = 73500
The interest rate given is the annual interest rate of 7%. That is why we multiply it with 6/12 to get the semi annual interest.
3.
The disposal of bonds will be a reversal of the issuance entry. The bonds payable will be debited by the par value amount and the cash will be credited.
Answer:
AD shifts left and price level would decrease.
Explanation:
If consumer wealth decreases due to a plunge in the stock market, the AD curve will shift to the left. This is because shifts to the left of the AD curve represent a reduction in demand, and if consumers are poorer, they will naturally decrease their demand.
This will in turn reduce the price level, because in a market system, prices will fall until they meet the new, lower demand, meaning that a new equilibrium price is reached.
Answer:
maximize revenue is ( 100 , 40000 )
Explanation:
given data
charges customers between = $65 and $200 per day
linear function n(p) = 800−4p
p = daily rental charge
to find out
company charge each customer per day to maximize revenue
solution
we know that Revenue = n(p)*p
so given equation
R(p) = 800 - 4p × p
R(p) = 800p - 4p² ...................1
so now find critical point here that is
f' (p) = 
800p - 4p²
= 800p - 4p²
= 800 (1) - 4 
800 - 8p
solve it 800 - 8p = 0
p = 100
now put extreme point x = 100 into equation 1
y = 800 p - 4p²
y = 800 (100) - 4 (100)²
y = 40000
so maximize revenue is ( 100 , 40000 )
Answer: brand
Explanation: A company's brand is its identity, and it is one of the most valued parts of the business. The brand is what consumers recognize and competitors fear.
