Answer Posted / 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 |
Post New Answer View All Answers
what is the main difference between nse & bse operations
what is the main link between the income statement and the balance sheet?
Please let me know what to answer how long you prepared for SBI exam? if selected your credit goes to whom?
what is absorbtion coasting?
How will we calculate T1, T2 capital in CRR(Cash Reserve Ratio)?
Process of the settlement cycle?
What are the duties of sales tax department? Explain it
What is functional area,trading partner in sap fico
plz send me the accounting questions and answers of bank of america.
what happens to each of the three primary financial statements when gross margin decreases?
What is the defination of job costing, batch costing and contract costing?
Short Answer on ______Transaction
what is the entry for goods sent from one factory to another under inter branch transfer sale of the same compny and what should be the valuation for this purpose?
what happens to each of the three primary financial statements when capital expenditures decrease?
What are the types of journal categories available in the Oracle AP?