If a firm raises $10 million by issuing new common stock, which of its financial statements will reflect the transaction?
A. Income statement and statement of owners equity.
Balance sheet,income statement,and cash flow statement.
C. Balance sheet,cash flow statement,and statement of owners equity.
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A devaluation of a countrys currency to improve its trade deficit would most likely benefit a producer of:
A. Luxury goods for export.
B. Export goods that have no close substitutes.
C. An export good that represents a relatively small proportion of consumer expenditures.
Which of the following is least likely a component of the current account?
A. Unilateral transfers.
B. Payments for fixed assets.
C. Payments for goods and services.
Other things equal, an increase of 2.0% in the price of Product X results in a 1.4% increase in the quantity demanded of Product Y and a 0.7% decrease in the quantity demanded of Product Z. Which stat
A. Products X and Y are substitutes.
B. Products X and Z are complements.
C. Products Y and Z are complements.
Sell-side participants in the foreign exchange market are most likely to include:
A. banks.
B. Hedge funds.
C. Insurance companies.