A U.S. investor makes an investment in Britain and earns 14% on the investment while the British pound appreciates against the U.S. dollar by 8%. What is the investor's total return?
A) 22.00%
B) 23.12%
C) 6.00%
D) 4.88%
Answer: B
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a. True b. False Indicate whether the statement is true or false
A national bank is supervised by all of the following agencies EXCEPT
A. the Federal Deposit Insurance Corporation. B. the Federal Reserve. C. the Office of the Comptroller of the Currency. D. the National Credit Union Administration.
A supervisor notices that an employee has been late to work for three days this week. What action would be LEAST recommended for fostering open communication?
a. Call the employee to ask him about the lateness. b. Write the employee a disciplinary memorandum about the lateness. c. Meet with the employee face-to-face to discuss the lateness. d. Send the employee an email message about his or her lateness.
Statewide Sales, Inc. has gross pay for March of $45,000. Which of the following is included in the journal entry to record salaries expense?
A) credit Salaries and Wages Expense B) debit Cash C) debit Salaries and Wages Payable D) debit Salaries and Wages Expense