American Depository Receipts Have All of the Following Characteristics Except

question 9

Multiple Choice

American Depository Receipts have all of the following characteristics except:

• A) They are bearer shares.
• B) They are quoted in US dollars.
• C) Dividends on ADRs are paid in US dollars.
• D) ADR trades clear in three business days.

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Definitions:

Revenue

The sum of money a business earns from selling goods or offering services over a specified period.

Operating Cost

The expenses associated with the day-to-day running of a business, such as rent, utilities, and payroll, excluding capital expenditures.

Monthly

Relating to or occurring once a month; often used to describe payments, subscriptions, or reporting periods that happen once per month.

Advertising

The act of calling public attention to products, services, or needs through various forms of media, with the aim of influencing consumer behavior.