Which one of these statements is correct?
A) Borrowing money in the country in which operations are located reduces long-run exchange rate risk.
B) Accounting translation gains are recorded on the income statement as other income.
C) In multidivisional firms, exchange rate risk should be managed at the division level.
D) The usage of forward rates can help reduce the long-run exposure to exchange rate risk.
E) Unexpected changes in economic conditions are classified as short-run exposure to exchange rate risk.
A) Borrowing money in the country in which operations are located reduces long-run exchange rate risk.
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A depositor's book balance must always equal the bank's reported balance
Indicate whether the statement is true or false
A company's manager estimates that in the upcoming year, increasing advertising costs by $25,000 will cause sales revenue to increase by $60,000. If the company's contribution margin ratio is 35%, what will be overall effect on net operating income?
A) Net operating income will increase by $12,250. B) Net operating income will increase by $29,750. C) Net operating income will increase by $35,000. D) Net operating income will decrease by $4,000.
Explain how the Six Sigma process of define, measure, analyze, improve, and control (DMAIC) works. Provide at least two examples of companies that have adopted Six Sigma.
What will be an ideal response?
Able mailed Conover an offer that stated in part, "You must accept by sending me a certified letter which must be received by me on or before February 1st." Conover may accept by
a. sending a telegram of acceptance to reach Able by February 1st. b. making a phone call to Able on February 1st. c. mailing his acceptance on February 1st. d. sending Able a certified letter mailed in time to reach Able by February 1st.