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andriy [413]
3 years ago
15

Which of the following is one of the three standard sections of a governmental comprehensive annual financial report?

Business
1 answer:
HACTEHA [7]3 years ago
7 0

Answer:

a) Statistical.

Explanation:

The three standard sections of  a governmental comprehensive annual financial report are:

  1. Introductory
  2. Financial: includes financial statements and notes
  3. Statistical: include statistical data about relevant financial information and trends, and how they relate to government activities
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When might be the best time to start saving for retirement?
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When you 40 some I think
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3 years ago
Using both the supply and demand for bonds and liquidity preference framework, show how interest rate are affected when the risk
nignag [31]

Answer:

Yes, the results are the same in both frameworks. Please see below for explanation.

Explanation:

With regards to the bond supply and demand framework, people will look to buy more bonds since they are more wealthy now. Hence, the supply of bonds will increase. The supply curve and the demand curve will both move to the right, with the former shifting more than the latter. The equilibrium interest rate will increase.

With regards to the liquidity preference framework, once the economy experiences a positive shift, there will also be an increase in the demand for money. People will make an increased number of transactions as well and hence, the demand curve will move towards the right. The equilibrium interest rate will rise too.

4 0
3 years ago
Leah Hubert senses that her "favorite" product concept might be dismissed due to "inappropriate and unreasonable" financial anal
elena-s [515]

Answer: Product champion

Explanation:

A product champion is an individual who sees value in a good or service, and then creates and develops the good in a systematic fashion. The product champion tempts decision makers to invest, promote or sell the product.

The product champion is usually a

senior individual or executive of an organization who takes charge of developing the internal and external promotion of a particular good or service. In the above question, Leah is a product champion.

3 0
3 years ago
Casassa, a merchant in San Francisco, under the terms of a nonshipment contract, agrees to sell 50 cases of packaged macaroni to
Ugo [173]

Answer:

Fresno

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, executory contract, etc.

The uniform commercial code (UCC) is a set of standardized business laws which are put in place for the regulation of financial contracts and commercial transactions used across different states in the United States of America. There are special rules known as the special business standards that are set up by UCC governing merchants and the sales of goods in Article 2 of the Uniform Commercial Code.

Under Article 2 of the Uniform Commercial Code, a shipment contract between two parties (buyer and seller) states that a buyer bears the risk of loss and is typically responsible for the costs of goods in the event of any damage or loss incurred during transportation and prior to receiving the goods.

In this scenario, the transaction is a nonshipment contract and the place for delivery is not specified in the agreement.

However, on the basis of the facts that both parties are aware that the 50 cases of packaged macaroni are in a warehouse in Fresno, the place for delivery is Fresno.

8 0
3 years ago
Lopez Plastics Co. (LPC) issued callable bonds on January 1, 2021. LPC's accountant has projected the following amortization sch
Zielflug [23.3K]

Answer:

7%

Explanation:

Calculation to determine the annual effective interest rate on the bonds

Using this formula

Annual Stated interest = Annual cash interest / Face vale of bonds*100

Let plug in the formula

Annual Stated interest =($7000+$7000) / 200000*100

Annual Stated interest=$14,000/20,000

Annual Stated interest=7%

Therefore the annual effective interest rate on the bonds is 7%

4 0
3 years ago
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