In a one-period inventory model, the more profitable the item during the sales season, the manager should place a higher order at the start of the season

IFRS does not require that the increase or decrease in cash and cash equivalents explained in the statement of cash flows agree to the line item Cash and Cash Equivalents in the balance sheet

Indicate whether the statement is true or false.

The market price of a bond issued at a discount is the present value of its principal amount at the market (effective) rate of interest

a. plus the present value of all future interest payments at the market (effective) rate of interest. b. plus the present value of all future interest payments at the rate of interest stated on the bond. c. minus the present value of all future interest payments at the market (effective) rate of interest. d. minus the present value of all future interest payments at the rate of interest stated on the bond.