Select the best answers for questions (2 points each for questions 1-10) 1. HSBC is a UK-based bank‚ and it holds more than 50% equity of Hang Seng which is a Hong Kong based bank. Which of the following statement is correct? A) Hang Seng is the representative office of HSBC at HK B) Hang Seng is the foreign branch of HSBC C) Hang Seng is the foreign subsidiary bank of HSBC D) Hang Seng and HSBC are two independent banks. 2. Which of the following services is not provided by a typical bank
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trading of financial futures contracts? ANSWER: A futures contract is a standardized agreement to deliver or receive a specified amount of a specified financial instrument at a specified price and date. The clearinghouse records all transactions and guarantees timely payments on futures contracts. This precludes the need for a purchaser of a futures contract to check the creditworthiness of the contract seller. 5. Gains from Purchasing Futures. Explain how purchasers of financial futures contracts
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Answer all question (TEST 2) Question 1 a) Smart Corporation has to raise RM5‚000‚000 for its 5-year budget. The corporation has the following three (3) financial sources to be considered: Source I Issue preferred shares that pays 10% dividend on par value of RM100. The current market price of the preferred share is RM75 per share and its floatation cost is at 5% of the par value. Source II Issue bonds that pay 8% interest and mature in ten years. The corporation is planning to sell the
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CHAPTER 21 ACCOUNTING FOR LEASES CONTENT ANALYSIS OF EXERCISES AND PROBLEMS Time Range (minutes) 5-10 Number E21-1 Content Operating Lease. (Easy) Annual rental payments‚ no renewable option clause‚ executory costs. Lessee’s journal entries to record agreement‚ payments‚ expenses. Capital Lease. (Moderate) Calculation of rental payments made at end of year. Table summarizing lease payments‚ interest expense. Journal entries. IFRS differences. Capital Lease. (Moderate) Payments made at beginning
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Федеральное государственное бюджетное образовательное учреждение высшего профессионального образования РОССИЙСКАЯ АКАДЕМИЯ НАРОДНОГО ХОЗЯЙСТВА И ГОСУДАРСТВЕННОЙ СЛУЖБЫ ПРИ ПРЕЗИДЕНТЕ РФ ИНСТИТУТ БИЗНЕСА И ДЕЛОВОГО АДМИНИСТРИРОВАНИЯ ФАКУЛЬТЕТ МЕЖДУНАРОДНОГО БИЗНЕСА И ДЕЛОВОГО АДМИНИСТРИРОВАНИЯ Groupe Ariel S.A. Case Artyom Kirillov Polina Dzyuba Moscow 2011 Groupe Ariel S.A. : Parity Conditions and Cross-Border Valuation Question 1 There are two ways to compute the projects
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by the American Psychiatric Association until 1973. According to an article by Elizabeth Ahlin‚ in 2000 an amendment passed in the state of Nebraska did not allowed same sex marriage and there was no campaign against this. she Stated that the financial benefits received from a marriage appeal to same sex couples. Elizabeth Ahlin also claimed that there was other benefits that married heterosexual couples receive‚ but homosexual couples do not. She meantioned that "One benefit is that a spouse
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Workshop 1 – Chapters 1-3 Exercise 2-2 (15 minutes) | | Product Cost | Period Cost | 1. | The cost of the memory chips used in a radar set | X | | 2. | Factory heating costs | X | | 3. | Factory equipment maintenance costs | X | | 4. | Training costs for new administrative employees | | X | 5. | The cost of the solder that is used in assembling the radar sets | X | | 6. | The travel costs of the company’s salespersons | | X | 7. | Wages and salaries
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Investigation: 20 How much cobalt is in the soil? Introduction: By completion of investigation 20‚ a standard curve of absorbance versus known cobalt (II) nitrate was prepared. The concentration of cobalt (II) ion obtained from a soil sample was determined. Whether or not cobalt nitrate should be added to the soil was determined. If cobalt nitrate needs to be added‚ then how much will it be required to meet the necessary nutritional needs of the animals was established. In colorimetry
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Roaring 20s crafts are great if you are planning a decade related costume party such as this. Costume parties are always a hit when it comes to the holidays. People like it because they can look different than normal and show off their creativity. If you are holding a roaring 20s decade party‚ then you will want to do some themed crafts that will go great for the occasion. When it comes to roaring 20s fashion crafts‚ nothing beats the flapper girl. Flappers were stylish women who dressed great and
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P = price V = variable cost Fc = fixed cost t = time in yrs Chapter 11 quiz Q ‚ P ‚ V ‚ FC (based-plan‚ lower‚ upper) DEP = F0Costs / # yr’s Based price for (Q ‚ P ‚ V ‚ FC) multiply them each by WITHIN 10%‚ .10 than add‚ subtract Best case +P‚ +Q‚ -V‚ -FC Worst case –P‚ -Q‚ +V‚ +FC Best case scenario: OFC = [(Q+ x P+) – (Q+ x V-) – FC- – DEP] (1 - TAX RATE) +DEP high rev‚ low cost Worst case scenario: OCF= [(Q- x P-) – (Q- x V+) – FC+ – DEP] (1 - TAX RATE) +DEP high cost‚ low rev
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