A major difference between the United States and Japanese banking systems is that

A) American banks are allowed to hold substantial equity stakes in commercial firms, whereas Japanese banks cannot.
B) Japanese banks are allowed to hold substantial equity stakes in commercial firms, whereas American banks cannot.
C) bank holding companies are illegal in the United States.
D) both A and C of the above
E) both B and C of the above


B

Business

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Use the information in Table 10.2. Suppose that overtime is allowed up to 25% of the regular-time capacity, and that overtime wages are 150% of the regular-time rate

The total cost of the level strategy with overtime and undertime, which also minimizes undertime, is: A) less than or equal to $60,000. B) greater than $60,000 but less than or equal to $65,000. C) greater than $65,000 but less than or equal to $70,000. D) greater than $70,000.

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If the forecast is 14 and the actual value is 15, then the error this period is ________

Fill in the blank with correct word.

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Which of the following best describes corporate bonds?

A. Short-term debt financing B. Bank account C. Long-term equity financing D. Long-term debt financing E. Short-term equity financing

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