If a distributed database divides the database into nonoverlapping segments, it is called a(n) ________ database

Brewed Awakenings, Inc., issued 1,000 shares of its 5%, $100 par value, cumulative preferred stock for $100 per share. The journal entry to record this event includes a ______

a. $100,000 debit to Cash b. $100,000 credit to Cash c. $100,000 credit to Preferred Stock d. $5,000 credit to Preferred Stock e. $95,000 credit to Preferred Stock f. $95,000 debit to Cash

The one-year forward exchange rate is Rupees 50/$. If the one-year interest rate in the United States is 5% and in India is 8%, what is the spot exchange rate so as to preclude arbitrage?

A) Rupees 47.23/$ B) Rupees 48.61/$ C) Rupees 48.99/$ D) Rupees 49.32/$