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
Premium United States dollar Foreign exchange market Exchange rate
Chapter 6: Discussion Question #4 (p. 223) 4. Why is it usually easier to forecast sales for seasoned firms in contrast with early-stage ventures? Typically‚ it is easier to forecast a seasoned firm’s sales to that of an early-stage venture because the seasoned firm will have an operational history. Basing current sales on historical data is easier to do than trying to estimate sales based on little to no historical data to benchmark from. If you are a start-up / early-stage venture and
Premium Generally Accepted Accounting Principles Financial ratios Investment
NSS Exploring Economics 3 (Second Edition) Consolidation Worksheets Chapter 16 Competition and efficiency Test yourself 16.1 Refer to the following table. Quantity (units) MB ($) MC ($) 1 13 1 2 11 2 3 8 3 4 4 4 5 0 5 Calculate the value of the deadweight loss for each of the following output levels. Based on your result‚ determine which of them is inefficient. a. 2 units b. 4 units c. 5 units Answers: a. Deadweight loss = (______ of 3rd unit – ______ of
Premium Supply and demand
John Owner‚ thank you for seeking advice on starting a business and wanting to know the disadvantages and advantages of starting a business. It is very important in researching the different types of businesses and creating a plan for success. Starting a business can be tough but also can be very rewarding. In setting up a business there are three main structures a person can start: Sole Proprietorship‚ Partnership or a Corporation. Each business structure has its advantages and disadvantages
Premium Corporation Types of companies Limited liability company
Lesson Title: Litter Bugs and the Recycling Bin Date & Estimated Time: Approx. 25 min‚ January 30th Learning Standards: D2.Civ.2.K-2. Explain how all people‚ not just official leaders‚ play important roles in a community. D2.Civ.3.K-2. Explain the need for and purposes of rules in various settings inside and outside of school. D2.Civ.7.K-2. Apply civic virtues when participating in school settings. CCSS.ELA-Informational.RL.1.2: Identify the main topic and retell key details of a
Premium Recycling Waste Waste management
Animal Farm Chapter 1-4 Summary Animal Farm by George Orwell‚ starts out with Mr. Jones being drunk and going to bed after not securing the farm buildings correctly. As soon as his lights go out‚ all the other animals congregate in the barn to listen to Old Major talk. Old Major is convinced he’s going to die soon and wants to tell all the other animals a great piece of wisdom. He talks about how all the animals are just raised to work long lives and when they’re no longer of use to “man”‚ they
Premium Animal Farm
TYPE: DEFINITIONS 2. An 8 percent semiannual coupon bond is priced at $1‚204.60. The bond has a $1‚000 face value and a yield to maturity of 4.88 percent. How many years will it be until this bond matures? A. 15.91 years B. 8.00 years C. 8.65 years D. 17.29 years E. 16.00 years BLOOMS TAXONOMY QUESTION TYPE: APPLICATION LEARNING OBJECTIVE NUMBER: 2 LEVEL OF DIFFICULTY: BASIC Ross - Chapter 006 #84 SECTION: 6.1 TOPIC: TIME TO MATURITY TYPE: PROBLEMS 3. Which one of the following
Premium Bond Time value of money
Studies 1. SOLUTION TO STARTING RIGHT CASE‚ CH. 3‚ PAGE 110 This is a decision-making-under-uncertainty case. There are two events: a favorable market (event 1) and an unfavorable market (event 2). There are four alternatives‚ which include do nothing (alternative 1)‚ invest in corporate bonds (alternative 2)‚ invest in preferred stock (alternative 3)‚ and invest in common stock (alternative 4). The decision table is presented. Note that for alternative 2‚ the return in a good market is $30‚000
Premium Overtime Maintenance Preventive maintenance
Assignment 2 (P2‚ P3‚ P4‚ D2) This assignment requires you to investigate the effective presentation of business information. For this assignment you will need either information that you have collected in your first assignment or you can find new information that other organisations use. The following tasks relate to financial information but if you prefer you can use marketing‚ operational‚ manufacturing‚ human resource‚ logistics or transport information. Please check with your tutor to ensure
Premium Public relations Management Advertising
though the Natives were only defending against attack they were called out as murderers. 2. What happened at Wounded Knee? This was the Natives last stand in the 1800s bringing an end to the era of Indian wars. The actual cause of the “battle” was caused when one of the surrendering Natives gun went off resulting in the soldiers firing on the unarmed Natives. It was later called the Natives “last stand.” 3. Who were the cowboys? They were the heroes of American culture and stories. They were the
Free Theodore Roosevelt