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NNADVOKAT [17]
3 years ago
5

_____________ is a promise of future payment issued by a firm and guaranteed by a bank that is used to finance international tra

de with typical maturities ranging from one to six months.
Business
1 answer:
sergij07 [2.7K]3 years ago
8 0

Answer:

<u>"A banker's acceptance"</u> is a promise of future payment issued by a firm and guaranteed by a bank that is used to finance international trade with typical maturities ranging from one to six months.

Explanation:

A banker's acceptance is a characteristic short-term loan or rather a fixed-rate loan used for international trade.​ It is safer, easier, gives the seller assurance of getting paid by the buyer's bank. The bank is obligated to pay the party offering service, in this case, "the exporter" at a later time. The buyer's bank after conducting checks to ascertain how creditworthy the buyer who approached them might be, finally they agree to pay the seller with the buyer's account debited as this works as additional security for both parties. Banker's acceptance is considered investments, one of the reasons is that it can be held until maturity or sold at a discount before maturity.

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Why would a person with conductive hearing loss hear the tuning fork through bone conduction longer than or equally as long as t
UNO [17]

Answer:

Speech understanding would have an effect hugely particularly if the hearing loss is merely in one range. This would let the person to not pick up or hear some letters articulated and perhaps not be able to put them together. For instance, l, m, and n are central range pitches and s and f are high range pitches. 

5 0
3 years ago
Carter Company reported the following financial numbers for one of its divisions for the year; average total assets of $4,110,00
Ksivusya [100]

Answer:

$1,83,000

Explanation:

Sales = 4,535,000

Cost of goods sold = $2,560,000

Operating expenses  =  $1,382,000

Average total assets = $4,110,000

Net Income =  Sales - Cost of goods sold -  Operating expenses

= $4,535,000 - $2,560,000 -  $1,382,000

=  $5,93,000

Target income = 10%  of Average total assets

= 0.10 × $4,110,000

= $410,000

Thus,

Residual income = Net income - Target income

= $5,93,000 - $410,000

= $1,83,000

7 0
3 years ago
The Shoe Outlet has paid annual dividends of $.58, $.66, $.72, and $.75 per share over the last four years, respectively. The st
DiKsa [7]

Answer:

A). 17.13 %

Explanation:

Given that,

Annual Dividend for the first year = $.58,

Annual Dividend for the second year = $.66

Annual Dividend for the third year = $.72

Annual Dividend for the fourth year = $.75

The current price per share = $10.08

To find;

The cost of equity = ?

Procedure:

(0.66 - 0.58)/0.58 = 0.137931034

(0.72 - 0.66)/0.66 = 0. 0909090909

(0.75 - 0.72)/0.72 = 0.0416666667

g = (0.137931034 + 0. 0909090909 + 0.0416666667)/3

= 0.0901689305

R_{e} = {(0.75 * 1.0901689305)/10.08} + 0.0901689305

= 0.17128269

∵ 17.13% is the cost of equity.

6 0
3 years ago
In which of the following situations would it be important for a successful, existing
Tamiku [17]
The business plan is the blueprint for your business. If you wanted to build a house, you wouldn't walk over to an empty lot and just start nailing boards together. Starting a business without a business plan is just as risky.

hope this helps :)

7 0
3 years ago
The 2016 financial statements of The New York Times Company reveal average shareholders’ equity attributable to controlling inte
dusya [7]

Answer:

The formula for RNOA is net income divided by net operating assets.

29,068/354,414= 8.2%

Explanation:

6 0
3 years ago
Read 2 more answers
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