Answer:
C. The government-wide Statement of Net Position and the proprietary funds Statement of Net Position
Explanation:
CAFR ( Comprehensive Annual Financial reporting ) is provides accurate, summarised, and meaningful information. There are three sections of this reporting as below.
- Introduction
- Financial
- Statistical
In government-wide statement, The capital is reported on the net basis on financial statements.
Answer:
United States can set up plants in China to avoid high tariffs
Answer:
c. is valid and enforceable
Explanation:
In business, this is called a Non-Compete Clause.
Non-Compete Clause can prevent a certain individual or organization to compete with another business , as long as both parties con sensually sign the agreement.
Typically, Non-Compete clause is required after all the parties involved have some sort of affiliation toward one another/
<u>for example:</u>
1. One party just bought the business from another party.
2. One party is an ex-members/ex-employees of another party. Making them know internal secrets of that other party.
In a free market economy, the market, not the government, determines prices. The interaction of producers and consumers determine the price in the market.
Answer:
$3.90
Explanation:
using the discount model we can calculate the stock price:
stock price = [dividend x (1 - g)] / (RRR + g) ⇒ since the growth rate is negative, we need to change additions for subtractions and vice versa.
stock price = [$0.86 x (1 - 3.5%)] / (17.8% + 3.5%) = ($0.86 x 0.965) / 0.213 = $0.8299 / 0.213 = $3.90