Examlex
When you call United Airlines for a reservation on a toll-free number and get a response from an operator in Mumbai,this is an example of:
Foreign Currency Translation
Foreign Currency Translation is the process of converting the financial statements of a company into a single currency when it has operations in multiple currencies.
Property, Plant, And Equipment
Assets in the form of land, buildings, and machinery, acquired for operations and not for resale.
Preferred Stock
Preferred stock is a class of ownership in a corporation that has a higher claim on assets and earnings than common stock, typically paying dividends before common shares and having priority in the event of a liquidation.
Dividend Preference
A feature of preferred stock that gives it priority over common stock in the payment of dividends.
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