Answer:
C) $650,000
Explanation:
Government entities should record their assets at fair market value, not at cost basis. They should also include the land improvements as part of the total value of the land:
total value of the land = $500,000 (donated land) + $150,000 (land improvements) = $650,000
Pretty sure it's false because there is some competition between electric and gas companies.
Answer: b. The duration of its liabilities must equal the duration of its assets
Explanation:
Since the company wants to structure its assets and liabilities such that its equity is unaffected by interest rate risk, then the duration of its liabilities must equal the duration of its assets.
It should be noted that when the duration of its liabilities is shorter than the duration of its assets, the duration gap is positive and when there's a rise in interest rate, the worth of assets will be affected more.
When duration of its liabilities is longer than the duration of its assets, the duration gap is negative and when there's a rise in interest rate, the worth of liabilities will be affected more.
Finally, when the duration of its liabilities is equal the duration of its assets, its equity is unaffected by interest rate risk.
Answer:
Godwin Emefiele
Explanation:
Governor - Since 6/3/2014. Godwin Emefiele is the Governor of the Central Bank of Nigeria (CBN).
Excessive spare parts inventories, a lack of transferable employee skills, increased support costs.
