Answer:
a. is weak-form efficient
Explanation:
A weak-form efficient market postulates that the present price of a stock reflects previous all data from past prices.
It suggests that no technical analysis can be of help to the investor.
This implies that fundamental analysis using historical prices and data of a stock can be used to predict stocks that are overpriced or underpriced.
So researching a company's financial statements gives an edge on predicting today's stock price.
Investors can make abnormal profit
It would be to Absorb splatters moisture or spills
Answer:
Provide information about the reporting entity that is useful to present and potential equity investors, lenders, and other creditors.
Explanation:
Financial reporting refers to the presentation and disclosure of financial information of an entity to the public, investors, lenders and other stakeholder.
Financial reporting is carried out by reporting financial statements (balance sheet, income statements), statement of cash flows and other relevant/necessary disclosures, notes as required by law or statute or which are essential for better comprehension of such financial information.
Such information helps lenders to know the financial health of the entity, helps investors to decide whether it would be beneficial to invest in the entity, assures government of the compliance of laws by the entity, etc.
Lessons for the present
- military strategy
- brutal leaders don't last long, less moral societies don't last long
- peasants, slaves need either social mobility or a say in policy to overcome the perceived social injustice.
Classical empires continue to be used as models and inspirations.
1. Mao Zedong compared himself to Shihuangdi
2. Modern Indians pride themselves on Ashoka's nonviolence and tolerance
