Answer: Retired for $66000 cash.
Explanation:
Given that,
bonds par value = $50000
carrying a value = $62000
retired for cash = $66,000
Loss = $4000
Issuing bonds are an approach to fund activities. Hence, a sum that is reported in the cash flows from the statement of financial activities.
There is a cash outflow of $66000 from retiring.
The amount to be reported under cash flows from financing activities is retired for $66000 cash.
Answer: income effect of a price change.
Explanation: The income effect is known as the effect on real income when price changes, it can however be positive or negative. The income effect expresses the impact of increased purchasing power on consumption.
In this scenario, spending $10 for lunch, and you would like to purchase two cheeseburgers. When you get to the restaurant, you find out the price for cheeseburger has increased from $5 to $6, so you decide to purchase just one cheeseburger, this scenario best illustrates the income effect of a price change.
B makes more sense it should be it
The normal rate of return on equity capital is also known as the opportunity cost of capital
