Aji Fatou and Mustapha both obey the two-period model of consumption. Aji Fatou earns $100 in the first period and $100 in the second period. Mustapha earns nothing in the first period $210 in the second period. Both of them can borrow or lend at the interest rate r. You observe both Aji Fatou & Mustapha consuming $100 in the first period and $100 in the second period. Suppose the interest rate increases. The increase in interest rate will make Aji Fatou better off in both period. a. True
b. False

Being an expert problem solver is something you're either born with or not. true or false

On january 1, 2018, jay company acquired all the outstanding ownership shares of zee company. in assessing zee's acquisition-date fair values, jay concluded that the carrying value of zee's long-term debt (8-year remaining life) was less than its fair value by $21,600. at december 31, 2018, zee company's accounts show interest expense of $14,440 and long-term debt of $380,000. what amounts of interest expense and long-term debt should appear on the december 31, 2018, consolidated financial statements of jay and its subsidiary zee? long-term debt $401,600 $398,900 $401,600 $398,900 interest expense $17,140 $17,140 $11,740 $11,740 a. b. c. d.

Personal financial planning is the process of creating and achieving financial goals? true or false