Which one of the following management techniques is likely to best offset the risk of long-run exposure to payables denominated in a particular foreign currency?
A) Borrow money in the foreign currency in question.
B) Lend money in the foreign currency in question.
C) Rely on the Federal Reserve Board to enact monetary policy favorable to your exposure risk.
D) none of the above
Answer: B
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Furniture World is required by law to collect and remit sales taxes to the state. If Furniture World has $78,000 of cash sales that are subject to a 6% sales tax, what is the journal entry to record the cash sales?
A. Debit Cash $78,000; credit Sales $78,000; and record the taxes when paid. B. Debit Sales Taxes Payable $4,680; debit Cash $73,220; credit Sales $78,000. C. Debit Cash $82,680; credit Sales $78,000; credit Sales Taxes Payable $4,680. D. Debit Cash $78,000; credit Sales $73,320; credit Sales Taxes Payable $4,680. E. Debit Accounts Receivable $82,680; credit Sales $78,000; credit Sales Taxes Payable $4,680.
________ is mechanisms that partner firms can use to better align their self-interests. In these arrangements, a supplier assists its customers in becoming more profitable and exposes itself to potential or actual losses in accomplishing this
a. Flare out by unbundling b. Flare out with augmentation c. Arbitration d. Risk-sharing, gain-sharing agreement
The simplified block format is appropriately used when the sender of a letter does not know the receiver's gender or title
Indicate whether the statement is true or false
Business Source Premier (EBSCO) and Lexis Nexis Academic are examples of research ________
A) periodicals B) indexes C) databases D) reports