Advantages of using American Depositary Receipts to participate in foreign markets include
I. lower transaction costs than for direct foreign stock purchases.
II. reduced exposure to foreign exchange risk.
III. dividends are paid in U.S. dollars.
IV. quotations are readily available from U.S. sources such as Yahoo Finance or MSN Money.
A) I and II only
B) I and III only
C) I, II and III only
D) I, III and IV only.
Answer: C
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You are a consultant specializing in estimating the costs after the employees learn how to do a job more efficiently by repetition. Your client can produce a product the first time at a cost of $2,500. If their 65 percent learning curve allows them to reduce their costs on each product, what is the total cost of producing 400 units of the new product?
A. $100,000 B. $45,765 C. $58,600 D. $78,900 E. $37,850
Alice works for a large advertising agency where she is hoping to be promoted to a management position. Alice's mother and two sisters all died of breast cancer at a young age. Alice's employer knows this, and will not put Alice in a management position because he fears that she will also develop cancer. This decision is allowed because it is in the best interest of the company
Indicate whether the statement is true or false
Which of the following statements is true for the following observations: 7, 5, 6, 4, 7, 8, and 12?
A. The mean, median and mode are all equal. B. Only the mean and median are equal. C. Only the mean and mode are equal D. Only the median and mode are equal.
Which of the following statements about nontaxable exchanges is true?
A. Any gain realized on the exchange is not included in financial statement income. B. No cash can change hands in a nontaxable exchange. C. The parties to the exchange both realize gain on the exchange. D. The parties to the exchange agree that the properties exchanged are of equal value.