Changes in the BOP may predict the imposition or removal of foreign exchange controls

Indicate whether the statement is true or false.


Answer: TRUE

Business

You might also like to view...

In business markets with inelastic demand ________

A) the total demand for products is not much affected by short-term price changes B) buyers are highly sensitive to price changes C) derived demand is absent D) a business purchase usually involves less decision participants E) a business purchase usually does not involve a professional purchasing effort

Business

In a draft transaction, the payee is called the acceptor of the draft

Indicate whether the statement is true or false

Business

A corporation reports the following year-end balance sheet data. The company's debt ratio equals:        Cash$40,000 Current liabilities$75,000 Accounts receivable 55,000 Long-term liabilities 35,000 Inventory 60,000 Common stock 100,000 Equipment 145,000 Retained earnings 90,000 Total assets$300,000 Total liabilities and equity$300,000 

A. 0.58 B. 1.27 C. 0.63 D. 2.07 E. 0.37

Business

Which of the following equations for the Book value Plus Adjustment method is correct?

A) Value of equity (VE) = market value of equity - adjustments B) Value of equity (VE) = book value of equity + adjustments C) Value of equity (VE) = book value of equity - adjustments D) Value of equity (VE) = market value of equity + adjustments

Business