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Zanzabum
4 years ago
6

A letter of credit:

Business
1 answer:
torisob [31]4 years ago
8 0

Answer:

d. Provides a guarantee of payment from the buyer, reducing the credit risk to the seller

Explanation:

A letter of credit is a document that guarantees a seller of payment from the buyer. It is drafted and issued by a bank assuring the seller of timely and full payment. A  letter of credit is applied mostly in international trade where the buyer and seller hardly meet or know each other.  

Banks issue a letter a credit against cash or other securities.  Should the buyers fail to make payment, a letter of credit assures the seller that the bank will take responsibility for the payment. Banks usually charge a fee for issuing letters of credit.

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Why wages differ
cestrela7 [59]

Answer:

Scenario Differences In Human Capital Compensating Differential Differences In Natural Ability Labor Unions An Economics Consulting Firm Hires Rina, A Recent PhD Graduate In Economics, And Pays Her An ... For each of the scenarios in the following table, indicate the most likely reason for the difference in earnings.

Explanation:

8 0
3 years ago
Time to reach a financial goal You have $42,180.53 in a brokerage account, and you plan to deposit an additional $5,000 at the e
andrew11 [14]

Answer:

It take to reach your goal is 11 years

Explanation:

given data

initial fixed amount = $42,180.53

deposit additional = $5,000

account totals = $250,000

expect to earn r = 12%

solution

we will apply Future value of annuity that is express as

Future value of annuity = initial fixed amount ×  (1+r)^{t} + deposit additional  × \frac{(1+r)^t-1}{r}     ......................a

put here value and we get

250,000 = 42,180.53  \times (1+0.12)^{t} + 5,000 \times  \frac{(1+0.12)^t-1}{0.12}          

solve it we get

time t = 11

so it take to reach your goal is 11 years

6 0
3 years ago
Identify the type of writing/Essay.
Dimas [21]

was a sudden hush among the people in the crowd on top of Mount Sinai. Following their gaze, I saw a thin red sliver sitting on top of bands of silver-gray clouds, suspended over the desert wilderness. As I continued to watch, the Red Crescent becomes larger, filling out into a semicircle and spilling its pigment onto the clouds and the bleak desert hills. Answer;

12. People often refer to Africa as the Dark Continent, meaning that Africans were uncivilized, unsophisticated, and ignorant people. West Africa, East Africa, and ancient Zimbabwe are examples that refute this stereotype. The Dark Continent would not be an accurate label for Ancient Africa. Answer;

13. The Taj Mehal complex includes a main gateway, a garden with pools of water, a red sandstone mosque, and an identical building called “Jawab” shah Jahan wanted to build the second mausoleum across the river, as grandiose as the Taj Mehal, to have his own remains buried there. He also wanted the two mausoleums to be connected with bridges. But unfortunately, these plans remained on paper.

Explanation:

Identify the type of writing/Essay.

11. There was a sudden hush among the people in the crowd on top of Mount Sinai. Following their gaze, I saw a thin red sliver sitting on top of bands of silver-gray clouds, suspended over the desert wilderness. As I continued to watch, the Red Crescent becomes larger, filling out into a semicircle and spilling its pigment onto the clouds and the bleak desert hills. Answer;

12. People often refer to Africa as the Dark Continent, meaning that Africans were uncivilized, unsophisticated, and ignorant people. West Africa, East Africa, and ancient Zimbabwe are examples that refute this stereotype. The Dark Continent would not be an accurate label for Ancient Africa. Answer;

13. The Taj Mehal complex includes a main gateway, a garden with pools of water, a red sandstone mosque, and an identical building called “Jawab” shah Jahan wanted to build the second mausoleum across the river, as grandiose as the Taj Mehal, to have his own remains buried there. He also wanted the two mausoleums to be connected with bridges. But unfortunately, these plans remained on paper.

7 0
3 years ago
Traxx is a newly emerging shoe manufacturing company. After extensive market research, Traxx divides its market into professiona
postnew [5]

Answer:

<em>Segmentation</em>

Explanation:

Market segmentation <em>is the method of separating into factions or parts a market of  potential customers based on the various features.</em>  

The divisions produced are made up of customers who react to marketing campaigns in a  similar manner and share characteristics such as similar tastes, preferences, or locations.

7 0
4 years ago
Below are the year-end balance sheets for Wolken Enterprises:
konstantin123 [22]

Answer: Wolken issued new common stock in 2015.

Explanation:

From the information that have been provided in the question, we can see that in 2015, the common stock was 3,000,000 while in 2014, the common stock was 2,000,000. This shows that there was an increase of: (3,000,000 - 2,000,000) = 1,000,000 new common stock.

Wolkem did not have a negative me income in 2015 and also didn't issue long term debt in 2015 as he had the same amount of long term debt for 2014 and 2015 which was 2,400,000.

Therefore option C is the correct answer as Wolken issued new common stock in 2015.

4 0
4 years ago
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