Opal Needs to Add a Chart Element That Describes Each

question 56

Multiple Choice

Opal needs to add a chart element that describes each of the parts that help make up a chart.She should do which of the following?

• A) Insert gridlines.
• B) Insert a legend.
• C) Insert a chart title.
• D) Insert a trendline.

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Definitions:

Consolidated Net Income

The total net income of a parent company and its subsidiaries after eliminating inter-company transactions.

Non-Controlling Interest

This refers to the portion of equity in a subsidiary not owned by the parent company, representing minority shareholders' rights in the subsidiary's net assets.

Marketable Securities

Financial instruments that can be easily converted into cash at market value, such as stocks, bonds, and treasury bills.

Fair Value

An estimated market value of an asset or liability based on current market conditions and mutually informed parties' transactions.