Answer:
False
Explanation:
Amortization an act of spreading a loan into a series of fixed payments over time. An amortized loan is a loan with scheduled periodic payments of both the principal and interest. It first pays off the relevant interest expense for the period, after which the remainder of the payment reduces the principal.
Payments are made in regular installments of constant amount that consists of both principal and interest.
Common examples of amortized loans include student loans, car loans and home mortgages.
Net income = revenue - expenses.
The revenue was $100,000 + $19,000 = $119,000
Expenses was $56,000
$119,000 - $56,000 = $63,000
The net income is $63,000.
Answer:
a. the demand curve will become flatter
Explanation:
<u>a. the demand curve will become flatter</u>
This means it will become more price sensitive and increases and decreases in the gasoline price will generate a greater increase or decrease in the quantity demanded over time.
<u>b and d without the precise formula for demand we can't be sure</u> that the new elasticity will impact the current equilibrium. It could happen or it could not.
c.- the demand curve will flatter, it will change it shape, not the location.
Answer:
False
Explanation:
The above statement is false that , because it is normally unsecured , commercial paper is only offered by firms with no credit ratings.
Commercial paper is an unsecured promissory note issued by the good reputed companies . It is for short term . The time period of commercial paper is 15 days to 12 months .
A company cannot issue commercial paper if the credit rating is no longer . The face value of commercial paper is of rupees five lakh . It is minimum face value. The rates of commercial paper is usually cheaper . The commercial paper is liquid because of its less risk quality.
The commercial paper also provide<em> exit option to the investors </em>. They also reduce the cost of capital for the company. They are <em>very effective</em> for those who need<em> money in urgent</em> as they are quick way for raising money.
