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zzz [600]
3 years ago
6

A banker's acceptance A. is a draft drawn on a bank and paid by that bank when presented to it. B. may be accepted by the bank f

or future payment. C. can be traded in a relatively liquid market until maturity. D. All of the options are true.
Business
1 answer:
bulgar [2K]3 years ago
3 0

Answer: Option (D) is correct.

Explanation:

A banker's acceptance is an instrument that represents the promised payment by the bank in the future. This payment is accepted as a time draft by the bank and is to be drawn on a particular deposit. This draft is having all the information that is related to the future payment amount, date of the payment and the party to which the payment to be made. This acceptance can also be traded until the date of maturity.

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In an enterprise-class database system, business users interact directly with the DBMS, which directly accesses the database dat
nikklg [1K]

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3 years ago
Wind Productions uses flexible budgets. Items from the budget for March in which 3,000 units were produced and sold appear below
ladessa [460]

Answer:

$40,000

Explanation:

For computing the total variable cost, first we have to determine the variable cost per unit which is shown below:

= (Direct materials cost + Indirect materials - variable + Direct labor cost) ÷ (number of units produced and sold)

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5 0
4 years ago
Suppose the economy is in a recession. The economy needs to expand by at least $350 billion, and the marginal propensity to cons
MissTica

Answer:

$140

Explanation:

Calculation for What is the least amount the government can spend to overcome the $350 billion gap

First step is to find the Multiplier using this formula

Multiplier=1(1-Marginal propensity)

Let plug in the formula

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Now let calculate the least amount the government can spend using this formula

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Therefore the least amount the government can spend to overcome the $350 billion gap is $140

4 0
3 years ago
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