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what is ADRs?
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Answer / parvathi
American Depository Receipt.
American Depository Receipts (ADRs) are certificates that
represent shares of a foreign stock owned and issued by a
U.S. bank. The foreign shares are usually held in custody
overseas, but the certificates trade in the U.S.
| Is This Answer Correct ? | 14 Yes | 1 No |
Answer / shilpa
An American Depositary Receipt (or ADR) represents the
ownership in the shares of a foreign company trading on US
financial markets. The stock of many non-US companies
trades on US exchanges through the use of ADRs. ADRs enable
US investors to buy shares in foreign companies without
undertaking cross-border transactions. ADRs carry prices in
US dollars, pay dividends in US dollars, and can be traded
like the shares of US-based companies.
| Is This Answer Correct ? | 2 Yes | 0 No |
American Depository Receipts:Depository Receipts issues by
the company in USA is known as the ADR.Such depository
receipts advosiry of the provision in USA like SEBI IN india
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sridher reddy agraharam
American Depositary Receipt. A negotiable certificate
issued by a U.S. bank representing a specific number of
shares of a foreign stock traded on a U.S. stock exchange.
ADRs make it easier for Americans to invest in foreign
companies, due to the widespread availability of dollar-
denominated price information, lower transaction costs, and
timely dividend distributions.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / ramesh_ca1707
ADR means that - American Depoditory Receipts,
These are the Financial Instrument which can be issued by
any Non - American company to capture the money in US
market.These are traded in US Stock Market.
FOr example most of the Indian Companies are Issue GDR in
US market for mobilisation of funds for their financial
needs i,e,. INFOSYS,SATYAM,REDDYS etc...
| Is This Answer Correct ? | 1 Yes | 2 No |
Answer / ankit
ADR's (American Deposit Receipts)are bonds/certificates
issued by American companies & are traded in NYSE exhange
only.ADR's are complied of GAAP standards.Cost of issuing
ADR's can be around $20million to $40million.In other words
Indian shareissuing companies who wants its share to be
issued on NYSE list is ADR.
| Is This Answer Correct ? | 3 Yes | 5 No |
The Bad Debts figure in the trial balance is 170. The following info is to be taken into account: A provision for bad debts of 5% of debtors is to be created
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Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance
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