Change in equity for the most recent year
Problem: Using the GM annual report can you explain change in equity for the most recent year. (using the statement of shareholder's equity)https://finance.yahoo.com/q/is?s=GM&annual
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If the forward rate was expected to be an unbiased estimate of the future spot rate, and interest rate parity holds, then:
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Using the GM annual report can you explain change in equity for the most recent year. (using the statement of shareholder's equity)
The following is not a consequence of a weakening foreign currency:
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