When the price of a good changes, the substitution effect can be found by comparing the equilibrium quantities purchased on the new indifference curve. on the original indifference curve when faced with the original prices and when faced with the new prices. on the new budget line and a hypothetical budget line that is a shift back to the original indifference curve parallel to the new budget line. on the old budget line and the new budget line.

Grey company holds an overdue note receivable of $800,000 plus recorded accrued interest of $64,000. the effective interest rate is 8%. as the result of a court-imposed settlement on december 31, year 3, grey agreed to the following restructuring arrangement: reduced the principal obligation to $600,000.forgave the $64,000 accrued interest.extended the maturity date to december 31, year 5.annual interest of $40,000 is to be paid to grey on december 31, year 4 and year 5. the present value of the interest and principal payments to be received by grey company discounted for two years at 8% is $585,734. grey does not elect the fair value option for reporting the debt modification. on december 31, year 3, grey would recognize a valuation allowance for impaired loans of

Post test question number 9 for entering the job market

Uknow what i love about i ask a dumb question it is immediately answered but when i ask a real question it take like an hour to get answered