Dividends declared:

A. Reduce retained earnings.

B. Increase retained earnings.

C. Reduce net income.

D. Increase net income.

A

Business

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It would be difficult to profit through arbitrage because the demand for a currency would increase when dealers try to profit from exchange rate discrepancies leading to _____ of that currency and the price differential would disappear.

Fill in the blank(s) with the appropriate word(s).

Business

_____________ makes the policy decisions and hires corporate officers and other employees to run the daily operations.

Fill in the blank(s) with the appropriate word(s).

Business