Which of the following is true of the cultural dimensions in different countries?

A) Gender- and family-based affiliations are important in Saudi Arabia, where a strict interpretation of Islam prevents women from playing a major role in business.
B) The hourly wage is higher in the United States than it is in Germany, meaning that the workforce is able to acquire more consumer goods in Germany.
C) The Iranian government supports the selling of satellite communications in Iran, even though they present decadent Western values.
D) Spanish is the national language of Brazil, but is not widely spoken in the rest of Latin America.

A

Business

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A Water Enterprise Fund (EF) issues $4 million of 5% revenue bonds on October 1, 2013 . The EF will make its first payment of interest on March 31, 2014, together with a principal payment of $200,000

What amount, if any, should the EF report in its fund statement of revenues, expenses, and changes in net position for the year ended December 31, 2013? a. zero b. interest expense of $100,000 c. interest expense of $50,000 and principal expense of $100,000 d. interest expense of $50,000

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