<em>I believe the answer to your question is A. The opportunity cost of producing an additional 5 million pounds of food.</em>
A banker's acceptance is the payment guaranteed by a bank for a time draft that is payable to a seller of the goods.
A banker's acceptance is a short-term investment plan that is created by a company or firm with a guarantee from a bank. It is important that the company or firm is a non-financial firm. It is a guarantee that the bank gives that a buyer will pay the seller the amount at a future date. A good rating is a prerequisite for obtaining the banker's acceptance.
This is very useful, especially during foreign trade. During foreign trade, the creditworthiness of the importer is not known. The period of the banker's acceptance is usually lesser than 180 days. These acceptances are traded at discounts from the face value in the secondary markets. So, the banker's acceptance acts as a negotiable time draft.
This guarantee from the bank is a written promise by the bank to the seller to pay the sum specified if the buyer is not able to do so. This promise is backed by the bank so the seller feels confident in exporting his goods. As it is safe and liquid, the return on the banker's acceptance is low.
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Answer:
The answer is: D) $1.75
Explanation:
Consumer surplus is the difference between the maximum price that a consumer is willing to pay for a good and the actual price paid for the good.
Larry, Alan and Ryan were all willing to pay more for a bottle of soda than the actual price of the soda.
- Larry's consumer surplus = $2 - $1 = $1
- Alan's consumer surplus = $1.50 - $1 = $0.50
- Ryan's consumer surplus = $1.25 - $1 = $0.25
The total consumer surplus is $1 + $0.50 + $0.25 = $1.75
Answer:
45,000 shares
Explanation:
The computation of the number of shares computed for the basic earning per share is shown below:
= shares outstanding as on Jan 1 + 2 for 1 stock split as on Jan 4 + shares issued as on Jan 7
= 20,000 shares + 20,000 shares + {10,000 shares × 6 months ÷ 12 months }
= 20,000 shares + 20,000 shares + 5,000 shares
= 45,000 shares
The 6 months are calculated from Jan 1 to July 1
Calculate ever single number then subtract and find the lcf
