Which of the following operations benefits from appreciation of the firm's local currency?
a. borrowing in a foreign currency and converting the funds to the local currency prior to the appreciation.
b. receiving earnings dividends from foreign subsidiaries
c. purchasing supplies locally rather than overseas
d. exporting to foreign countries
a
Business
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Unrealized gains or losses on available-for-sale investments occur when a company adjusts the investment to ________
A) fair value but has not yet disposed of the asset B) fair value when an asset is disposed C) average value but has not yet disposed of the asset D) average value when an asset is disposed
Business
What is the main source of corporate financing in the United Kingdom?
A. Banks B. Capital markets C. Government grants D. Royal families
Business