Who pays the costs of creating a sponsored ADR?

A) the foreign firm whose stocks underlie the ADR
B) the U.S. bank creating the ADR
C) both the U.S. bank and the foreign firm
D) the SEC since they require the regulation


Answer: A

Business

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The Ramien Store held inventory items at the end of 2014 . Which items should Ramien include as part of its total inventory cost?

a. Freight incurred in shipping goods to customers. b. Annual income taxes paid for operations. c. Cost of storing inventory before it is sold. d. Cost of salaries of clerks that sell the inventory items.

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A company issued 5-year, 7% bonds with a par value of $300,000. The market rate when the bonds were issued was 6.5%. The company received $306,317 cash for the bonds. Using the straight-line method, the amount of recorded interest expense for the first semiannual interest period is:

A. $9868.30. B. $10,887.48. C. $21,000.00. D. $19,907.48. E. $10,500.00.

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When a deductive approach is used in a persuasive situation, chances of getting cooperation are maximum.

Answer the following statement true (T) or false (F)

Business

Which of the following terms only considers the time it takes for a system to fail while it is operating but does not take into account any downtime associated with the repairs the system may need?

a. reliability b. availability c. redundancy d. maintainability

Business