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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.

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ArbitrLikvidat [17]

Instruct spam recipients on how to opt-out of their emails.

This is why you should always see an "unsubscribe" link at the bottom of spam messages if they are complying with the law.

5 0
4 years ago
"Vaughn Corporation is considering the issue of commercial paper and would like to know the yield it should offer on its commerc
Naddik [55]

Answer:

7.6 percent

Explanation:

Vaughn should offer 7.6 percent on its commercial paper.

This is calculated by adding the 0.2 credit risk premium to 0.1 percent liquidity premium + 0.3 percent tax adjustment + 7 percent annualized t bills rate.

= 0.1 + 0.2 + 0.3 + 7

= 7.6

Based on this Vaughn would offer 7.6 percent on its commercial paper.

6 0
3 years ago
In a perfectly competitive market, a firm's short-run supply curve is:_________.
AfilCa [17]

Answer:

B

Explanation:

4 0
4 years ago
EB13.
Harman [31]

Answer:

Journal entries to record the expenses incurred are given below.

Debit Factory Overhead Control Account      $ 1300

Credit Utilities bills account                              $  700

Credit Accumlated factory depreciation          $  400

Credit property tax payable                              $  200

Journal entries to record the allocation of overhead at the predetermined rate of $1.50 per machine hour are given below.

Debit WiP process account                                 $ 525

Credit Factory overhead applied account          $ 525

(1.5 * 350 (machine hours))

5 0
3 years ago
You bake a cake for your friend’s party ,and the friend pays you for it. This makes you
Akimi4 [234]

Answer:

This makes you the debtor. When you receive money whether it is in the form of a cheque or cash in hand, you are the debtor because money is being debited (or out into your bank account).

5 0
3 years ago
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