1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mixer [17]
3 years ago
14

Jackson Drilling Company (JDC) is a U.S. multinational firm that conducts business and holds funds throughout Europe and Asia. T

o support its Asian operations, Marshall has deposited several million U.S. dollars in a Tokyo bank. This is an example of: a. A money market mutual fund b. A Eurodollar deposit c. A certificate of deposit d. A banker's acceptance e. A commercial paper
Business
1 answer:
miss Akunina [59]3 years ago
5 0

Answer:

The correct answer is letter "B": An Eurodollar deposit.

Explanation:

A Eurodollar deposit refers to the act of depositing large amounts of money outside the U.S. most of the time to avoid levies and responsibilities. The deposits are not necessarily sent to European countries, it could be anywhere around the world. Most preferred destinations are the Bahamas and Cayman Islands which are considered tax havens.

You might be interested in
Holly files an employment discrimination suit against Industrial Corporation under Title VII of the Civil Rights Act on a dispar
Zinaida [17]

Answer:

D) seniority system

Explanation:

A disparate treatment (or impact) by an employer refers to a claim that an employer is treating an employee differently than others not publicly or directly, but that discrimination produces a negative effect.

Title VII of the Civil Rights Act protects employees from discrimination based on gender, race, color, national origin and religion.

3 0
3 years ago
3. Why would the sale of counterfeit products through its sites be damaging to Alibaba?
timurjin [86]

Reputation.

If a company has a bad reputation of allowing the sale of counterfeit goods, buyers will not trust the site and will not buy from it.

3 0
3 years ago
Read 2 more answers
A bank will not require security in the form of collateral as a guarantee the loan will be repaid.
Flauer [41]
The answer is so true
6 0
3 years ago
Read 2 more answers
You purchase another company for $50m. The company you purchase has assets with a fair value of $75m and liabilities with a fair
Crazy boy [7]

Answer:

b. $5m

Explanation:

If we purchase another company for $50m and the company you purchase has assets with a fair value of $75m and liabilities with a fair value of $30m. The amount of goodwill we should record in this transaction is: $5m

Goodwill upon acquisition of companies is derived by subtracting the fair value of NET ASSETS from the TOTAL CONSIDERATION (i.e the price paid to acquire the company)

In the scenario, the value of Net Assets is the value of the fairvalue of the assets less the fair value of the liabilities which is $75 - $30 = $45

While the Total Consideration = $50

Therefore Goodwill = $50m - $45m = $5m

5 0
3 years ago
On the basis of this information, which of the following statements is CORRECT? a. Prestopino's cash on the balance sheet at the
mylen [45]

Answer:

b. Prestopino had negative net income in the current year

Explanation:

Retained earnings at the end of previous year were $700,000, but retained earnings at the end of current year had declined to $320,000.

• The company does not pay dividends.

• The company's depreciation expense is its only non-cash expense; it has no amortization charges.

• The company has no non-cash revenues.

• The company's net cash flow (NCF) for current year was $150,000.

On the basis of this information, which of the following statements is CORRECT? Prestopino had negative net income in the current year

Prestopino DECPRECIATION expense in the current year was less than $150,000 and Prestopino had postive net income in the currnet year however, this income was less than it was in the previous year income.

Prestopino NCF in the current year must be higher than its NCF in the previous year and it cash on the balance at the end of the year must be lower than the cash it had on the balance sheet at the end of previous year

8 0
3 years ago
Other questions:
  • (Forecast accuracy across horizons) You are a consultant to MedTrax, a large pharmaceutical company, which released a new ulcer
    12·1 answer
  • Is wearing glasses all the time bad?
    6·1 answer
  • Which of the following determines​ "when specific products will be​ made, when specific customer orders will be filled and what​
    15·1 answer
  • Hazel transferred the following assets to Starling Corporation: Adjusted Basis Fair Market Value Cash $120,000 $120,000 Machiner
    7·1 answer
  • What is the proper preparation sequencing of the following budgets? 1. Budgeted Balance Sheet 2. Sales Budget 3. Selling and Adm
    8·1 answer
  • Martha is walking from her office building to her car in a torrential downpour with an umbrella manufactured by Umbrellas USA, I
    7·1 answer
  • According to the map, which continent has the most countries with a low GDP level? Which two countries have the highest GDP leve
    11·2 answers
  • Between 1950 and​ 2017, the price of wheat fell dramatically from​ $19.23 per bushel to​ $3.85 per bushel. Suppose between 1950
    5·1 answer
  • State 3 reasons why the Lean Canvas model is can be advantageous for entrepreneurs.
    15·1 answer
  • I think we should raise taxes for the wealthy so we can increase the public services.
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!