<span>Importers' bank usually issues a letter of credit to importers in international transactions.
A letter of credit is issued by a bank, most common from another country, to guarantee the payment to be made under agreeable circumstances. This is a way to ensure and product the two people doing business that one will get the items and one will be paid for them. </span>
Gross domestic product (GDP) is the monetary value of all the finished goods and services produced within a country's borders in a specific time period. Though GDP is usually calculated on an annual basis, it can be calculated on a quarterly basis as well (in the United States, for example, the government releases an annualized GDP estimate for each quarter and also for an entire year).
All the products by U . S company matter where are they products
Answer:
EPS = 2.2
Explanation:
Earning per share is the amount due to each of the ordinary shareholders after settlement of interest due on loans , preferred dividends and tax.
Earnings per share (EPS) = Earnings attributable to ordinary shareholders ÷ Units of shares
Where ;
Earnings attributable to ordinary shareholders = Net income - Preferred dividends
EPS = $770,000 - 0 ÷ 350,000 shares
EPS = $2.2
Answer:
total tax liability = $6,000
marginal tax rate = 20%
Explanation:
total tax liability = ($4,000 x 10%) + [($50,000 - $40,000) x 20%] = $4,000 + $2,000 = $6,000
The marginal tax rate is the tax rate applicable to an additional dollar of income. Since the $50,000 income falls into the second bracket, the marginal tax rate is 20%.
Answer:
new buy
Explanation:
Hinsdale High School has recently decided to sponsor a rugby team. It is in the process of considering where to buy the uniforms. This purchase is a new buy situation.
The new by situation also referred to as the new task situation is a business buying situation in which the buyer purchases a product or service <u>for the first time.</u>
We are told in the scenario that ''Hinsdale High School has <u>recently decided to sponsor a rugby team</u>.'' implying that the rugby team did not exist before. Hence buying uniform for such a team will be a new buying situation