American Depositary Receipts (ADRs) are claims issued by U.S. ...

[ghost!]

American Depositary Receipts (ADRs) are claims issued by U.S. banks representing ownership of shares of a foreign company's stock held on deposit by the U.S. bank in the foreign market and issued in dollars to U.S. investors.
 
  Indicate whether the statement is true or false

Question 2

The largest single source of funds for the firm in 2015 is ________. (See Table 4.1)
 
  A) an increase in net profits after taxes
  B) an increase in notes payable
  C) an increase in long-term debt
  D) an increase in inventory

[perkiness]

Answer to Question 1

FALSE

Answer to Question 2

C

[ghost!]

TYSM

[bbburns21]

Excellent