Responsible for obtaining payment from the various importers

Assignment Help Financial Management

Reference no: EM131561042

1. Assume the annual British interest rate is above the annual U.S. interest rate. Also assume the pound's forward rate of $1.75 equals the pound's spot rate. Given this information, interest rate parity ____ exist, and the U.S. firm ____ lock in a lower financing cost by borrowing pounds for one year.

a. does; could

b. does; could not

c. does not; could not

d. does not; could

2. Consider an exporter that sells its accounts receivables to another firm that becomes responsible for obtaining payment from the various importers. This reflects:

a. accounts receivable financing.

b. consignment.

c. factoring.

d. a letter of credit.

Reference no: EM131561042

Questions Cloud

Company unexpectedly announces : If a company unexpectedly announces it will pay its first ever dividend 1 month form now, you would expect

Discuss case of air pollution the amount of nitrogen dioxide : Air pollution the amount of nitrogen dioxide, a brown gas that impairs breathing, present in the atmosphere on a certain may day in the city of long beach.

What must the coupon rate be on the bonds : What must the coupon rate be on the bonds?

What is the future equivalent cost of the investment : What is the future equivalent cost of the investment if the planning horizon is 30 years?

Responsible for obtaining payment from the various importers : Consider an exporter that sells its accounts receivables to another firm that becomes responsible for obtaining payment from the various importers.

Describe suitable surface connections : Describe suitable surface connections - shafts, declines and detail development requirements - Describe loading/haulage requirements

Why subsidiaries should be allowed to issue their own stock : One argument for why subsidiaries should be allowed to issue their own stock is that:

Identify three acts or amendments in the united states : Identify three acts or amendments in the United States that regulate food safety measures. Describe the purpose of these acts/amendments.

Eview information and studies conducted on the given metal : eview information and studies conducted on this metal. Examine its main characteristics in relation to being a public health hazard.

User Account

All Pages