Which of the following is an unlikely reason for firms to participate in the swap market?
A) To replace cash flows scheduled in an undesired currency with cash flows in a desired currency.
B) Firms may raise capital in one currency but desire to repay it in another currency.
C) Firms desire to swap fixed and variable payment or receipt of funds.
D) All of the above are likely reasons for a firm to enter the swap market.
Answer: D
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A. relationship-oriented B. charismatic C. transformational D. task-oriented E. servant
Which of the following statements about the minimum wage is accurate?
a. Free market advocates support higher minimum wages to keep the labor force healthy. b. States can establish their own minimum wages, but only if they are higher than the federal minimum wage. c. The federal minimum wage is generally determined based on what is believed to be a living wage. d. In 2015, about 12.6 million workers were paid a minimum wage.
The balance sheet equation shows the equality of assets with liabilities plus shareholders' equity. This equation requires that an entity's assets exactly balance, or offset, an equal amount of financing provided by creditors and owners of the corporation
Indicate whether the statement is true or false
A cost that changes with the level of output is called a(n)__________cost
Fill in the blanks with correct word.