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127 Bismarck, ND 58505 0599 Be Sure to Record the Details of the Payment for Reference When Completing the Form 60 Nd

127 Bismarck, ND 58505 0599 Be Sure to Record the Details of the Payment for Reference When Completing the Form 60 Nd

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answer a question about American depository receipts and the answer is yes I can answer questions about American depository receipts adrs are in almost every exam I can't imagine any draw I'm wishing for you A Dream draw everything you studied shows up and you go gee I don't know what the problem was you know but you every once while you get a face of death draw and adrs are issued by a us depository bank and the uh the receipt is that there's X number shares of that foreign Security in the foreign branch of the domestic bank right so uh one would be for example Nestle Nestle is a Swiss company the depository bank is City Bank and so in the Swiss Branch the Lake Geneva branch of and Switzerland of City Bank there's a thousand shares of nestle of which I'm the beneficial owner now this allows Nestle to Capital uh you know tap the US capital markets but most importantly as a test taker what it allows me to do is more easily expose get expos

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