A banker's acceptance is the payment guaranteed by a bank for a time draft that is payable to a seller of the goods.
A banker's acceptance is a short-term investment plan that is created by a company or firm with a guarantee from a bank. It is important that the company or firm is a non-financial firm. It is a guarantee that the bank gives that a buyer will pay the seller the amount at a future date. A good rating is a prerequisite for obtaining the banker's acceptance.
This is very useful, especially during foreign trade. During foreign trade, the creditworthiness of the importer is not known. The period of the banker's acceptance is usually lesser than 180 days. These acceptances are traded at discounts from the face value in the secondary markets. So, the banker's acceptance acts as a negotiable time draft.
This guarantee from the bank is a written promise by the bank to the seller to pay the sum specified if the buyer is not able to do so. This promise is backed by the bank so the seller feels confident in exporting his goods. As it is safe and liquid, the return on the banker's acceptance is low.
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Profit margin of green giant = 8% = 0.08
Dividend payout ratio = 67% = 0.67
Total turnover = 1.3 times
Equality multiplier = 1.6 times
First calculate the return of equity = profit margin x turnover x equality
multiplier
Return of Equity = 0.08 x 1.3 x 1.6 = 0.1664
Now the sustainable rate of growth = Return of Equity x (1 - Dividend payout ratio)
Sustainable rate = 0.1664 x (1 - 0.67) = 0.1664 x 0.33 = 0.055
Sustainable rate of growth = 5.5%
I think it’s B: the 529 college savings only
C. Because u need to have to take CTE classes in business management and administration.
Might be illegal idk or it could be something you should not do
