Fallen company commonly issues long-term notes payble to its various lenders. fallen has had a pretty good credit rating such that its effective borrowing rate is quite low (less than 8% on an annual basis). fallen has elected to use the fair value option for the long-term notes issued to barclay's bank and has the following data related to the carrying and fair value for these notes.
carrying value fair value
december 31,2014 54,000 54,000
december 31,2015 44,000 42,500
december 31,2016 36,000 38,000
a. prepare the journal entry at december 31 ( fallen's year end) for 2014,2015,2016 to record the fair value option for these notes
b. at what amount will the note be reported on fallen's 2015 balance sheet?
c. what is the effect of recording the fair value option on these notes on fallen's 2016 income?
d. assuming that general market interest rates have been stable ove the period, does the fair value data for the notes indicate that fallen's creditwortiness has improved or declined ni 2016? explain.

Gary becker's controversial the economics of discrimination concludes that price discrimination has no effect on final profits. price discrimination benefits monopolies. labor discrimination in hiring results in more efficient allocations of production. discrimination in hiring practices has no effect on final profits. labor discrimination harms firms that practice it due to increased labor costs. price discrimination harms monopolies, which refutes over two centuries of economic theory.

Transactions on april 1 of the current year, andrea byrd established a business to manage rental property. she completed the following transactions during april: opened a business bank account with a deposit of $45,000 from personal funds. purchased office supplies on account, $2,000. received cash from fees earned for managing rental property, $8,500. paid rent on office and equipment for the month, $5,000. paid creditors on account, $1,375. billed customers for fees earned for managing rental property, $11,250. paid automobile expenses for month, $840, and miscellaneous expenses, $900. paid office salaries, $3,600. determined that the cost of supplies on hand was $550; therefore, the cost of supplies used was $1,450. withdrew cash for personal use, $2,000. required: 1. indicate the effect of each transaction and the balances after each transaction: for those boxes in which no entry is required, leave the box blank. for those boxes in which you must enter subtractive or negative numbers use a minus sign. (example: -300)

Vendors provide restaurants with what? o a. cooked items ob. raw materials oc. furniture od. menu recipes