what is ADR

Answer Posted / subhash bandi ku

An American Depositary Receipt or ADR is a negotiable
instrument that represents ownership in securities of a non-
U.S. company; it is a mechanism that facilitates U.S.
trading of non-U.S. securities. ADRs provide U.S. investors
with a convenient way to invest in overseas securities.

Is This Answer Correct ?    6 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the Finalization of Accounts?

1801


What is Goods Lost by Fire/Accident/Theft ?

1328


Reserve Capital and Reserve Capital

1784


distinguish between price rate and time rate?

1638


Define Bill of Exchange

1561






Expand-------CAN

1440


(a) Rajesh Ltd. gives you the following information for the year ended 31st March, 2006: (i) Sales for the year Rs. 48, 00, 000. The Company sold goods for cash only. (ii) Cost of goods sold was 75% of sales. (iii) Closing inventory was higher than opening inventory by Rs.50,000. (iv) Trade creditors on 31.3.2006 exceed the outstanding on 31-3.2005 by Rs. 1, 00, 000. (v) Tax paid during the year amounts to Rs. 1, 50, 000. (vi) Amounts paid to Trade creditors during the year Rs. 35, 50, 000. (vii) Administrative and Selling expenses paid Rs. 3, 60, 000. (viii)One new machinery was acquired in December, 2005 for Rs. 6, 00, 000. (ix)Dividend paid during the year Rs. 1,20, 000. (x)Cash in hand and at Bank on 31.3.2006 Rs. 70, 000. (xi) Cash in hand and at Bank on 1. 4.2005 Rs. 50, 000. Prepare Cash Flow Statement for the year ended 31.3.2006 as per the prescribed Accounting Standard. (b) Define the teen "Operating Activities", "Investment Activities" and "Financing Activities" as per NA S-3 Send me this question answer in my mail Address please help me to how solve the question ( deepakgaire@gmail.com) plese plese

1588


give me only one transactions in both side (debit&credit) should be in real accounts

1737


WhatIs the limit of duty exemption in smal scale industries.

1726


Distinguish between sale and consignment

1547


what is purchase consideration? How does it come about and how is it treated in the books?

2056


please tell me short cut method in maths as well as in english for correcting the error for the post of clerck in bank exam

1848


The partners agreed to take hero honda vehicle of Rams as firms vehicle by giving credit to his capital account. The vehicle was valued for Rs 65000/-Pass necessary entry

1660


it is better to invest in which securities short term/long term or both? please reason4 the same

1513


You have joined company yesterday then you are Appling B1 visa today. why so urgent.

1708