One important purpose of the forward markets for foreign exchange allows global traders to protect themselves by ________
A) hedging
B) arbitraging
C) speculating
D) preventing default
Answer: A
Business
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Which disclosure method do most companies use to display the components of other comprehensive income?
a. Combined statement of retained earnings b. Second income statement c. Combined statement of comprehensive income d. As part of the statement of stockholders' equity
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Which of the following terms describes an insurance company that is doing business in Nebraska but was incorporated in another state?
A) Foreign company. B) Domestic company. C) Alien company. D) Chartered company.
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