Answer:
C) The firm's exchange rate exposure can be completely hedged with derivatives written on the British pound.
Explanation:
The amount of pound is constant one can completely hedge the interest rate risk.
Answer:
$21,000
Explanation:
The computation of the cash provided by financing activities is shown below
Cash flows from financing activities
Issue proceeds of common stock $50,000
Less Repayment of 6 year note payable -$22,000
Less: Payment of cash dividend -$7,000
Net Cash provided by financing activities $21,000
The same is considered and relevant
A creditor is legally required to investigate the dispute if the debtor dispute a debt.
<h3>What is a debt dispute?</h3>
This refers to an disagreement between the creditor and the committee as to the existence of a debt owed by the committee.
Hence, he creditor is legally required to investigate the dispute if the debtor dispute a debt.
Therefore, the Option B is correct.
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Answer:
'Retained income'.
Explanation:
We have been given that Crawford Fishing had a net income of $35,640 in 2017. They decided to pay $3,000 in dividends and keep the rest to help expand their production line.
We know that the net income that remains after paying dividends is known as 'Retained income'.
We also know that retained income can be used to pay off debts or it can be invested into business activities.
Therefore, the profit that Crawford Fishing keep to reinvest in the business is recorded as retained income.