What Was the Spanish Government's Response to Catalonians Voting for Independence

question 2

Multiple Choice

What was the Spanish government's response to Catalonians voting for independence in 2017?

• A)It agreed to allow Catalonia to leave if it would join a new Spanish commonwealth.
• B)It kicked Catalonia out of Spain before independence could be approved.
• C)It imposed direct control on Catalonia from Madrid.
• D)It demanded a new election on different terms.
• E)It agreed to depose the Spanish king and abolish the monarchy.

Explain the significance and calculation of earnings per share (EPS).

Describe the operating cycle and identify businesses with different operating cycle lengths.

Perform transaction analysis, including its effects on the accounting equation and cash flows.

Understand cash flow from operating activities and its calculation.

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