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Imagine you are a mayor and are trying to convince the city council to agree with your proposal for a new water treatment plant.You decide to hire someone to testify in front of the city council.Name and describe the two characteristics you would look for when recruiting a credible communicator.
Consolidated Financial Statements
Combined reporting of the financial statements of a parent company and its subsidiaries as if they were a single entity.
Fair Value
The value for which an asset might be traded or a liability could be transferred in a regulated sale between entities in the market, as determined on the specified date of measurement.
Book Value
The net value of an asset or liability recorded on the balance sheet, calculated as its original cost minus any depreciation, amortization, or impairments.
Acquirer
A company or individual that purchases another company, typically in the context of mergers and acquisitions.
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