Initially, a bankers' acceptance is essentially a postdated check.
<h3>What is postdated check?</h3>
- A post-dated check is one that has been written by the drawer for a future date and is used in banking. Depending on the nation, a post-dated cheque may be cashed or deposited prior to the date printed on it.
- A check can be postdated by writing one for a later date rather than the one it was written on.
- Usually, the goal is for the check recipient to hold off on cashing or depositing the check until the date that has been mentioned in the future.
- In addition to postdating checks, there are additional options to give yourself extra time to obtain the required amounts to deposit checks in your account.
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Answer:
The price of tee-time should be reduced by 6.67%.
Explanation:
The price elasticity of demand for tee times is –1.5.
The manager wants to increase the number of tee times sold by 10%.
The price elasticity of demand shows the change in quantity demanded due to a change in the price level. It is the ratio of the percentage change in quantity demanded and percentage change in price.
Price elasticity =
- 1.5 =
Answer:
Maximum price= $11.9
Explanation:
Giving the following information:
Assuming a production level of 6,300 units:
Direct materials $ 4.20
Direct labor $ 4.30
Variable manufacturing overhead $ 3.40
The fixed overhead costs are unavoidable
Because the fixed overhead costs are unavoidable, we will concentrate on the variable costs.
The maximum price would be the total variable cost:
Total variable cost= 4.2 + 4.3 + 3.4= $11.9
Maximum price= $11.9
Answer: $0
Explanation:
We should note that based on the information given, Robert and Becca file jointly, therefore, their their capital gains tax be in the current year will be $0.
Assuming they filed separately, their capital gains tax be in the current year will be:
= 15% × ($28,000 - $17,000)
= 0.15 × $11000
= $1650.
But regarding the question, the answer is $0.
Answer:
(E). Pay policies are important human resource tools for encouraging desired employee behaviors.
Explanation:
A pay policy determines how and when employees will be compensated or paid. Payment may include salary, commission, bonuses, allowances.
The human resources department of an organization is responsible for determining the pay policy and structuring it in such a way that employees are motivated, encouraged and rewarded for their efforts.