Foreign currency forward rates aid traders by reducing uncertainty regarding future market
fluctuations.
Indicate whether the statement is true or false
TRUE
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How does the “Ethical Climate” survey differ from the other two most popular ethical culture surveys/measures?
a. It focuses on the behavior of lower and middle managers instead of upper management. b. It does not primarily focus on the behavior of managers. c. It is the shortest of the three measures. d. It does not measure awareness of the organization’s ethics code.
Which one of the following is not a characteristic generally evaluated in ratio analysis?
A) Liquidity B) Profitability C) Solvency D) Marketability
Generally, in comparison to a donee beneficiary, a creditor beneficiary has:
a. about the same legal rights. b. substantially greater rights. c. substantially fewer legal rights. d. virtually no legal rights.
If a firm has any long-term debt then its ROE will exceed its ROA
Indicate whether the statement is true or false