What is a depository receipt?
What will be an ideal response?
To facilitate foreign trading in shares, brokerage firms use depository receipts. A depository receipt is a negotiable instrument issued by a bank that represents a foreign company's publicly traded securities and that, in turn, is traded on a local securities exchange. A depository receipt is created by a broker purchasing a company's shares in its home country, depositing them in a custodian bank in that country in the name of a depository bank in another country, and then instructing the depository bank to issue the receipt.
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The business analysis stage is the final step in the new product development process
Indicate whether the statement is true or false
Explicit commands to manage transactions are needed when:
A) a transaction consists of just one SQL command. B) multiple SQL commands must be run as part of a transaction. C) autocommit is set to off. D) DDL statements are prohibited.
Appleby, Inc., manufactures and sells two products: Product Q9 and Product V8. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected Production Direct Labor-Hours Per Unit Total Direct Labor-HoursProduct Q9800 5.0 4,000 Product V81,000 3.0 3,000 Total direct labor-hours 7,000 The direct labor rate is $29.30 per DLH. The direct materials cost per unit is $174.80 for Product Q9 and $168.90 for Product V8.The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity:Activity Cost PoolsActivity MeasuresEstimated Overhead CostExpected Activity???Product Q9Product
V8TotalLabor-relatedDLHs$214,480 4,0003,0007,000Production ordersorders 41,065 300200500Order sizeMHs 192,700 4,2004,0008,200 $448,245 ?The overhead applied to each unit of Product V8 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.) A. $94.00 per unit B. $202.35 per unit C. $249.03 per unit D. $192.12 per unit
Which one of the following statements appears to be correct based on current research?
A. Excessive trading tends to increase returns. B. Overconfidence tends to result in lower returns. C. Single, female investors tend to earn lower returns than their male counterparts. D. Investors with higher incomes tend to be more risk-adverse than other investors. E. Men tend to trade less frequently than women.