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inn [45]
2 years ago
11

Letters of credit are popular among traders because the risk of non shipment are assumed by ________

Business
1 answer:
AURORKA [14]2 years ago
4 0

Letters of credit are popular among traders because the risk of non-shipment is assumed by <u>blanks.</u>

<u></u>

A trader is a character who engages in shopping for and promoting monetary belongings in any financial marketplace, either for themself or on behalf of every other individual or organization. the principle difference between a dealer and an investor is the period for which the character holds the asset.

Traders are accountable for making costs and executing trades in equities, bonds, commodities, and foreign exchange, generally dealing on behalf of, or for the advantage of, investment banks.

Buying and selling turned into the main facility of prehistoric humans, who exchanged items and offerings from very different in the present economy earlier than the innovation of contemporary-day currency. Peter Watson dates the records of long-distance trade from c. one hundred fifty,000 years in the past.

Learn more about traders here brainly.com/question/17727564

#SPJ4

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The Fashion Shoe Company operates a chain of women's shoe shops around the country. The shops carry many styles of shoes that ar
vlabodo [156]

The computation of the break-even point (in dollars) is given below:

Break-even (dollars) = Break-even (units) x Selling price

=  $10 x 12,000 units

= 120,000

Based on the data given in the problem, compute the revised break-even point (in units) for shop 48 after the payment of the incentive.

The break-even point is the point at which total costs equal total sales, and there is no loss or profit for a small business. This means that we have reached a stage of production where the cost of production equals the revenue of the product.

The break-even point is used in several areas of economics and finance. In accounting terms, it refers to the level of production where the total revenue from production equals the total cost of production.

Learn more about the break-even point at

brainly.com/question/9212451

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8 0
2 years ago
One qualitative forecasting method bases the forecast for a new product or service on the actual sales history of a similar prod
Dominik [7]

Answer:

D. life cycle analogy

Explanation:

this method is called life cycle analogy

3 0
3 years ago
Stock Company has 2,000 units in beginning work in process inventory, 20% complete as to conversion costs, 23,000 units transfer
ss7ja [257]

Answer:

B. 26,000, 24,000.

Explanation:

Stock Company

Equivalent units

Particulars                 Units       % of Completion           Equivalent Units

                                                   Mat. Conversion          Mat.  Conversion

Transferred Out      23000         100         100           23000      23000

<u>Ending WIP              3000            100       331/3%       3000        999.9= 1000</u>

<u>Total Equivalent units                                                  26000        24000</u>

<u />

The Equivalent units can be calculated either by adding the units transferred out and ending WIP or by adding beginning WIP and units started.

Equivalent units for materials 26000

and Equivalent units for conversion are: 24000

3 0
4 years ago
N _____, managers and their subordinates meet whenever the need to discuss ongoing progress and areas for improvement arises.
Finger [1]
The executive team, the administration board and the shareholders meet with the rest of the departments when there is need to adress matters concerning the firms productivity 
6 0
4 years ago
On April 1, Garcia Publishing Company received $24,480 from Otisco, Inc. for 36-month subscriptions to several different magazin
Aleks [24]

Answer:  Debit Unearned fees $6,120, Credit Fees income $6,120.

Explanation: Garcia Publishing received $24,480 from Otisco on April 1 and this was recorded as unearned fees. This means Garcia would have debited cash with $24,480 and credited unearned fees $24,480. Remember the fees was paid at the beginning of April and is for 36-month subscriptions. So, the amount in unearned fees would be unwound to income (fees) over the tenor of the subscription (36 months). Therefore, monthly amortization would be $24,480 divided by 36 months = $680. April 1 to December 31 is 9 months, $680 multiplied by 9 months is $6,120.

8 0
4 years ago
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