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Problem 1: Which of the following is a reason a company might decide to cross-list on a foreign stock exchange?
A. It wants to hedge against currency fluctuations.
B. It is less expensive than listing itself solely on a domestic exchange.
C. It is required for accomplishing foreign direct investment.
D. It wants to obtain acquisition currency for acquiring a foreign company.
Problem 2: The number of companies involved in international trade has grown significantly in recent years. What percent of U.S. exporters are relatively small companies (i.e. less than 500 employees)?
A. 10%
B. More than 90%
C. Less than 5%
D. 25%
20. Required informationRefer to the information above. What is the balance in the Cash account at the end of May?$210,000.$390,000.$600,000.$810,000.
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On December 23, 2019, the employee of STAR COMPANY, Determine the foreign exchange gain or loss on December 31, 2019.
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