Expand and Multiply

question 227

Multiple Choice

Expand and multiply. Expand and multiply. A) B) C) D) E)

Diagnose the differences between current and capital accounts in the balance of payments.

Distinguish between credits and debits in the balance of payments' accounting.

Understand the effects of exchange rate fluctuations on currency values and international transactions.

Identify and describe the types and characteristics of international bonds.

Definitions:

Par Value

The face value of a bond or stock as stated by the issuing company, not necessarily its market value.

Cash Dividend

A financial distribution from a firm's profits to its investors, typically provided as cash.

Stockholders’ Equity

The ownership claim of shareholders on total assets. It is to a corporation what owner’s equity is to a proprietorship.

Cumulative Preferred Stock

A type of preferred stock that entitles shareholders to receive dividend arrearages in full before any dividends can be issued on other shares.