The purchase of inventory for cash will cause the current ratio to decrease. true false

Masteriza [31]

1. The Party ordered to pay a draft is the drawee

2. Instruction that directs a bank not to pay a check that has been lost or stolen is a stop payment order.

3. Party to whom commercial paper is made available is the payee.

4. Unconditional written order by one person that directs another person to pay money to a third person is a bill of exchange.

5. Type of draft by which a bank depositor orders the bank to pay money, usually to the order of a third party or to the bearer of the instrument is a check.

6. Person who executes or draws the draft and orders payment be made is the drawer.

7. The drawee's promise to pay the draft when due is called acceptance.

8. Unconditional written orders or promises to pay money are called commercial paper.

9. To refuse to pay when due is called dishonor.

10. The person who executes a promissory note is the maker.

7 0

3 years ago

Communist values are disappearing because:

drek231 [11]

Answer:

D. Shortages abound due to the fact that the government cannot rely on good information.

8 0

4 years ago

If the government regulates a natural monopolist to produce the allocatively efficient level of output, it will require the mono

jasenka [17]

Answer:

a. equal to its marginal cost and grant a subsidy to cover the loss

Explanation:

In a competitive market there is allocative efficiency non fixing of prices.

The price of commodity is equal to it's marginal cost.

A socially optimal level of output is produced thereby demand will equal marginal cost.

A monopolist however will not set price that is equal to marginal cost normally. Instead they will less goods at a higher cost and charge higher price on it.

If a government wants to regulate a monopoly the best option will be for the monopolist to set a price equal to its marginal cost and government grant a subsidy to cover the loss

8 0

3 years ago

List three ways governments could pay for the war. (Civil War)

kiruha [24]

Spending less food
Rationing items
Hiring workers to make guns and other supplies

8 0

3 years ago

Read 2 more answers

Cochran's Furniture Outlet is issuing 25-year, 9 percent callable bonds. These bonds are callable in 4 years with a call premium

SVEN [57.7K]

Answer:

a. Nper = 30

Explanation:

PMT = 45

FV = `1000

Price Pv = -1180

Rate (YTM) = ?

Using the MsExcel Rate function to derive YTM

Nominal annual yield to maturity = Rate(Nper, Pmt, -Pv, Fv) * 2

Nominal annual yield to maturity = Rate(30, 45, -1180, 1000) * 2

Nominal annual yield to maturity = 7.04%

b. Nper = 10

PMT = 45

Call Price = 1090

Price Pv = -1180

Rate (YTC) = ?

Using the MsExcel Rate function to derive YTM

Nominal annual yield to call = Rate(Nper, Pmt, -Pv, Fv) * 2

Nominal annual yield to call = Rate(10, 45, -1180, 1090) * 2

Nominal annual yield to call = 6.31%

C. Yes, the bond issue should call because the YTC is less than the YTM.

7 0

3 years ago