Letters of credit are popular among traders because the risk of non-shipment is assumed by <u>blanks.</u>
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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.
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Answer:
Explanation:
In the given question, we have to find out the monthly payment. In this case, the interest rate is divided by 12 months and the years are multiplied by the 12 months
So,
The interest rate would be = 6.5% ÷ 12 months = 0.541%
The total months would be = 30 years × 12 months = 360 months
And, the present value would be equal to
= First condo amount - down payment
= $145,000 - $15,000
= $130,000
The calculation is shown in the spreadsheet. Kindly find the attachment
Answer:
Sales Revenue – Cost of Goods Sold = gross profit
Explanation:
A merchandising business is one that is involved in selling goods to customers. The firm may purchase or produce the goods it sells. Merchandising firms report an expense named the cost of goods sold COGS. This cost represents the total cost of all goods sold to customers during a period.
Costs of goods sold include the direct cost associated with the merchandise. Calculation of COGS is by adding net purchases to the opening stock then subtracting ending stock. The cost of goods sold is used in calculating gross profit. Service firms do not report this cost as they do not sell goods.
Answer: Financial effects poses as economical risk while an improvement in career and better opportunity poses as potential economic benefit
Explanation:
One potential economic risk Lisa would have to face is that she would have issues with finances for the time being between when she resigned from her job, through her Master's and till she gets another job.
One potential economical benefit towards this decision is that she would have made an advancement in her career and would be at better place career wise and worth wise to compete for better jobs and improved pay from the place she left.
Answer:
D) 19,520
Explanation:
The company uses a last-in-first-out (LIFO) inventory flow assumption. Given these facts, the number of units of product in the beginning inventory last year must have been:D) 19,520
