One of the wealthiest self-made women in the world is cheung yan in china. she runs one of asia's largest packaging and paper production firms and has a personal fortune of 1.46 billion. she is one of the new breed of super-rich entrepreneurs in the country which in 2016, had a read gdp per head of $15400 (ppp) in comparison to $42,000 in the uk. in that yearn china the disposable income of the top 10% of richest households was more than nine times higher than that of the poorest 10%. what is ppp? are people in china poorer than in uk? is income evenly distributed in china? explain your answer.

Which of the following statements is not correct? the stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the sec. when stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an ipo," and the market for such stock is called the new issue or ipo market. "going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. if you wanted to know what rate of return stocks have provided in the past, you could examine data on the dow jones industrial index, the s& p 500 index, or the nasdaq index.