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Author Question: A direct quote is always denominated in U.S. dollars, since the dollar is the medium of exchange in ... (Read 24 times)

nmorano1

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on: Jul 10, 2018
A direct quote is always denominated in U.S. dollars, since the dollar is the medium of exchange in
  international business.
 
  Indicate whether the statement is true or false

Question 2

Lock-box arrangements yield benefits for all companies regardless of the size of sales or customer
  remittance checks.
 
  Indicate whether the statement is true or false
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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xoxo123

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Reply #1 on: Jul 10, 2018
Answer to Question 1

FALSE

Answer to Question 2

FALSE


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