Values of Assets -Refer to Value of Assets

question 255

Multiple Choice

Values of Assets
$\begin{array}{lc}\text { Asset } & \text { Amount in } \$ \text { Billions } \\\text { Small time deposits } & 780 \\\text { Large time deposits } & 1,700 \\\text { Demand deposits } & 450 \\\text { Other checkable deposits } & 370 \\\text { Savings deposits } & 4950 \\\text { Traveler's checks } & 5 \\\text { Money market mutual funds } & 740 \\\text { Currency } & 880 \\\text { Miscellaneous categories of M2 } & 50\end{array}$

-Refer to Value of Assets. What is the value of M2 in billions of dollars?

• A)9925
• B)8225
• C)7485
• D)7445

Comprehend the repatriation process and its importance for expatriates.

Analyze the composition and significance of multinational and multicultural teams.

Understand the essential components and objectives of training programs for international assignments.

Understand the phenomenon of culture shock and its impact on expatriates.

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Definitions:

Price Change

Refers to the fluctuation in the selling price of goods and services over time, which can impact the revenues, expenses, and ultimately the profits of a business.

Gross Profit Method

An inventory estimation technique used to calculate the cost of goods sold and ending inventory based on the gross profit margin.

Inventory Count

A physical count of products or materials a company has in stock, typically conducted periodically to ensure inventory records match actual stock levels.

Gross Profit Method

An accounting technique used to estimate the amount of ending inventory and cost of goods sold, based on the gross profit margin.