A direct quote of $1.6 per British pound in the United States is equivalent to a direct quote of .625
British pounds per U.S. dollar in Great Britain.
Indicate whether the statement is true or false
TRUE
You might also like to view...
Which of the following is the best way to achieve more effective self-leadership?
a. Focusing on natural rewards b. Using self-applied rewards that are separable from the task c. Focusing on natural rewards and using self-applied rewards that are separable from the task d. Neither focuses on natural rewards or on self-applied rewards
Describe four factors that can influence a company's ability to build a strong brand
What will be an ideal response?
On April 30, 2014, Brother, Inc purchased for $30 per share all 200,000 of Cousin Corp's outstanding common stock. On this date Cousin's balance sheet showed net assets of $5,000,000 . Additionally, the fair value of Cousin's identifiable assets on this date was $400,000 in excess of their carrying amount. On Brother's April 30, 2014, consolidated balance sheet, what amount should be reported as
goodwill? a. $350,000 b. $400,000 c. $600,000 d. $1,000,000
Typically, a project will have a higher NPV if the firm uses accelerated rather than straight-line depreciation. This is because the total cash flows over the project's life will be higher if accelerated depreciation is used, other things held constant.
Answer the following statement true (T) or false (F)