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melamori03 [73]
4 years ago
6

Why are capital appreciation bonds (CABs) a controversial way for local governments to finance projects?

Business
1 answer:
denis-greek [22]4 years ago
8 0

Answer:

See explanation section

Explanation:

Municipal security from which an investor will receive a return on investment from an initial principal is called a capital appreciation bond. However, in this security, the return on investment will be reinvested further until the security matures at a specific rate. The primary purpose of the CABs is to permit the local authority to generate revenue. Due to the financing in the innovative project without increasing the tax is one of the controversial ways for local governments to finance projects. Another controversial way is to owe investors more than what they acquired.

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Answer:

$510,000.00

Explanation:

Since the historical cost principle states that business must account and record most assets at their purchase or acquisition price which means the data put into record on the balance sheet would reflect amount paid for asset.

That is why it is $510000.

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Answer:

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Some fans would blame to defeat on over confidence, citing that the team was to overconfident in their approach to the game having been a a good winning streak. They may point out that the overconfidence of the team led to them under rating their opponents which led to the defeats.

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3 years ago
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Oksanka [162]

An inventory that asks about how one would act with others in a variety of situations is a social skills inventory. Social skills refer to how employees interact with one another and the communication involved wihtin the organization. There are both verbal and nonverbal ways that employees interact with each other on a daily basis. Body gestures, language, and body language are different ways employees demonstrate their social skills.

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Explanation:

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