During a La Nina Event Which of the Following Is

question 66

Multiple Choice

During a La Nina event which of the following is most likely to occur?

• A) Strengthening of the trade winds
• B) Drought in Australia
• C) Fewer hurricanes along the Atlantic coast
• D) All of these are correct
• E) Both the strengthening of the trade winds and drought in Australia

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Definitions:

Goodwill

An intangible asset that arises when a company acquires another business for more than the fair value of its tangible and identifiable intangible assets.

Consolidated

Combines the financial statements of the parent company and its subsidiaries into one comprehensive financial statement, presenting the financial performance and position as a single entity.

Interest Rate

The percentage at which interest is paid by a borrower for the use of money that they borrow from a lender.

Issued Capital

The total value of a company's shares that have been sold to shareholders and are currently outstanding.