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jeyben [28]
3 years ago
8

Need help 1.-10. A.-J.

Business
1 answer:
Masteriza [31]3 years ago
7 0

1. The Party ordered to pay a draft is the <u>drawee</u>

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

3. Party to whom commercial paper is made available is the <u>payee</u>.

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

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 <u>check</u>.

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

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

8. Unconditional written orders or promises to pay money are called <u>commercial paper.</u>

9. To refuse to pay when due is called <u>dishonor</u>.

10. The person who executes a promissory note is the <u>maker</u>.    

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The information content of a dividend increase generally signals that:
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Answer:

C) management believes earnings growth will be strong going forward.

Explanation:

Dividend is the percentage of income that the corporation aims to allocate to the company's shareholders. When there is an rise in dividend it means that the company will have good results for the future. The rise in the dividend is a prediction of future profitability for the firm.

Plus it would be distributed to the preferred shareholders and the equity shareholders and the preference is given first to preferred shareholders

6 0
3 years ago
Red Corp. has a unit Contribution Margin of $6, Variable Expenses of $2 per unit, and Fixed Expenses of $3,000. What is Red Corp
Katyanochek1 [597]

Answer:

A. 500 units

Explanation:

The computation of the break even point is given below:

Break even point is

= Fixed cost ÷ Contribution margin

= $3,000 ÷ $6

= 500 units

By dividing the fixed cost from the contribution margin we can get the break even point in units

Hence, the correct option is A.

4 0
3 years ago
Brief Exercise 1-1 (Algo) Accrual accounting [LO1-2] Cash flows during the first year of operations for the Harman-Kardon Consul
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Answer:

Net Income for the year is $174,000

Explanation:

Net Income Calculation for the year is done below:

<u>Particulars</u>                                                            <u>$</u>

Revenues (290,000 + 50,000)                      340,000

Less: Rent (30,000 / 2)                                    (15,000)

Less: Salaries                                                   (110,000)

Less: Utilities (40,000 + 1,000)                        (41,000)

Net Income                                                        174,000

Please note the following with regard to the calculation done above:

  • Revenue includes both the cash collected from customers and cash owed by the customers, which received later on at the end of the year.
  • Rent has been divided by two, this is due to the fact that calculation of  net income is done for the current period so only one year rent is taken.
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3 years ago
Read the following descriptions and identify the type of risk or term being described:
vagabundo [1.1K]

Answer:

Foreign exchange risk

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These are the risks that an international financial transaction could accrue because of fluctuations in the currency.

A standard measure of the risk per unit of return and this type of risk relates to fluctuations in exchange rates.

Therefore, according to the following descriptions, the type of risk or term being described is Foreign exchange risk.

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The stock exchange is based upon the economic laws of what two things
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