If Trader's Paradise purchases and sells the euros simultaneously in different markets for profit, it would be engaging in currency ________
A) swap
B) speculation
C) hedging
D) arbitrage
D
Business
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On January 1, Ajax Corp
accepted a one-year note for $55,000 at 7% from one of its customers. When the note matured on December 31, the customer was unable to pay, and the company recorded the dishonor. The amount of the debit recorded on December 31 is ________. A) $51,150 B) $3,850 C) $55,000 D) $58,850
Business
Who among the following asserted in an article in the Harvard Business Review that modern transportation and communications technologies are facilitating a convergence of certain tastes and
preferences among consumers in the more advanced countries of the world? A. Gary Hamel B. Theodore Levitt C. Christopher Bartlett D. Peter Drucker E. C.K. Prahalad
Business