Which of the Following Is an Example of U

question 176

Multiple Choice

Which of the following is an example of U.S.foreign portfolio investment?

• A)Albert,a German citizen,buys stock in a U.S.computer company.
• B)Larry,a citizen of Ireland,opens a fish and chips restaurant in the United States.
• C)Nancy,a U.S.citizen,buys bonds issued by a Japanese bank.
• D)Dustin,a U.S.citizen,opens a country-western tavern in New Zealand.

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Definitions:

Income Statement

A financial report summarizing the revenues, costs, and expenses incurred during a specific period, typically a fiscal quarter or year.

Notes Payable

Short or long-term financial obligations represented by promissory notes, indicating money owed by a company.

Accounts Payable

Money owed by a company to its suppliers or vendors for goods or services received but not yet paid for.

Current Liability

Short-term financial obligations that are due within one year or within a normal operating cycle.