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4 years ago

The custodial bank (located in the home country of the issuer) of an American Depository Receipt

Business

2 answers:

Goshia [24]4 years ago

5 0

Answer:

The correct answer is option (d)

Explanation:

Solution

From the given question, A custodial bank that is located in the home country of the issuer of an American Depository Receipt is described as follows:

Generally, a custodian is a bank or a financial institution or bank that keeps financial securities such as bonds, stocks, gold etc. basically, custodians are involved in having the custody of shares/securities. They might be some banks who are holding on to this securities.

Mnenie [13.5K]4 years ago

4 0

Answer: c. Performs trading in the U.S. on behalf of the ADR holders

Explanation:

depository receipt are issued to individuals, investors or companies as a symbol of an ordinary shares to global investor, by keeping the shares under the custody of a 'Domestic Custodian Bank'. Domestic Custodian Bank is a bank that’s specialized in and responsible for safeguarding a firm's or individual's financial assets. This assets are usually traded in domestic market or what is known as local market that is only within the USA stock exchange.

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Which of the following would probably be a variable cost in a soda bottling plant? a. Direct labor b. Bottles c. Carbonated wate

cestrela7 [59]

Answer:

Option E

Explanation:

A variable cost refers to the business expense that varies in relation to revenue from manufacturing. Based on the volume of output of a business, variable expenses gets significantly impact; these increase as productivity increases, and decline as production declines. Sources regarding variable costs typically involve raw material and storage costs.

Thus, from the above we can conclude that all of the mentioned costs are variable costs as direct labor , bottles and water will all increase as the level of production will increase.

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4 years ago

What is meant by an ‘economic boom’?

Anvisha [2.4K]

The Economic boom of the 1920s saw rapid growth in GDP, production levels and living standards. The growth was fuelled by new technologies and production processes such as the assembly line. The economic growth also caused an unprecedented rise in stock market values – share prices increased much more than GDP.

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3 years ago

Read 2 more answers

Diminishing marginal product suggests that the marginal A. cost of an extra worker is unchanged. B. cost of an extra worker is l

MArishka [77]

Answer:

The correct answer is letter "D": product of an extra worker is less than the previous worker's marginal product.

Explanation:

The Law of Diminishing Marginal Productivity indicates that increasing one variable while holding others the same can initially increase output but eventually adding more of that variable results in lower return rates. This law helps explain that it is not always the best way to increase income by increasing production.

Initially, companies recruiting additional workers would boost production until too few machines or not enough space is sufficient to accommodate everyone. Then, the production rate will decrease.

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3 years ago

An investment adviser representative is also a commisioned representative at a brokerage firm. the iar has developed an asset al

Zolol [24]

Answer:

The options include:

[A] cannot implement the plan

[B] can implement the plan

[C] can implement the plan only if no commissions are charged

[D] can implement the plan only if no management fee is charged

[B] can implement the plan is Correct

Explanation:

Because the client or consumer has been fully disclosed and he agrees that the Adviser / Representative will obtain a management fee and commissions the Advisor / Representative will be allowed to progress with the project.

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3 years ago

Splish Brothers Inc. began operations on April 1 by issuing 52,300 shares of $5 par value common stock for cash at $15 per share

Ahat [919]

Answer:

Date Account titles and Explanation Debit Credit

Apr 1 Cash $679,900

Common stock $261,500

(52,300*5)

Paid in common stock in excess of par $418,400

(52,300*$13-$5)

(To record common stock issued)

Apr 19 Organisation expenses $28,900

Common stock $9,000

(1800*5)

Paid in common stock in excess of par $19,900

(To record issuance of comm1,100on stock for attorney.s fees)

Apr 19 Cash (1,100*$6) $6,600

Preferred stock (1,100*$1) $1,100

Paid in preferred capital in excess of par $5,500

(To record common preferred stock for cash)

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3 years ago