Consider the following: A foreign automobile company builds a manufacturing plant in Tennessee and European investors buy U.S. Treasury Bonds
A) Both activities would be considered direct investment.
B) Both activities would be considered portfolio investment.
C) The auto manufacturer in engaging in portfolio investment, and the European investors are engaged in direct investing.
D) The auto manufacturer in engaging in direct investment, and the European investors are engaged in portfolio investing.
Answer: D
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One of the problems with the percentage of sales budgeting method is:
A) deciding on the percentage level B) finding a benchmark figure to use C) the budget tends to change in the opposite direction of what may be needed D) the competition knows how much the company will spend on advertising
The fixed overhead volume variance is calculated by taking the difference between:
A) actual fixed overhead and budgeted fixed overhead. B) budgeted fixed overhead and budgeted variable overhead. C) budgeted fixed overhead and applied fixed overhead. D) actual fixed overhead and applied fixed overhead.
The _____ form of presentation in an informal report uses a systematic arrangement of data, usually in rows and columns for ready reference
Fill in the blank(s) with correct word
Uncertainties from the development of new competing products are not contingent liabilities.
Answer the following statement true (T) or false (F)