• Initially default risk increases, yield increases, price of AIG decreases
• After government intervention, default decreases, yield decreases, price of AIG increases
<span>Janet is a financial procurement manager of Unicorn Infra Inc. She is responsible for the efficient and effective management of the company’s funds. Her function includes planning, organizing, directing and controlling of activities with regards to its procurement and use. </span>
Answer:
earned by selling goods or services to customers.
Explanation:
Revenues are earned by selling goods or services to customers.
This ultimately implies that, revenues are typically the income that are being generated from the provision of goods and services to meet the needs or wants of customers, as well as discounts and deductions for returned products.
<em>Generally, revenues forms the first line item reported on the income statement or is the beginning of an income statement</em>.
To answer the question we can look at the
definitions of both "efficiency". and equity", and decide which
action falls under what category:<span>
Efficiency is the quality to successfully finish a job
without wasting any time or resources, by this definition when Eric does not
care about how the pieces are distributed, he is showing efficiency, not
wasting time or energy to distribute, but finishing the distribution.
Equity means the ability to be partial or fair with all, when Eric cares about how the pieces are
distributed, he is showing equity.</span>
Hope it helps! ///////////