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Nikolay [14]
4 years ago
11

Jamal Steel, a rapidly growing small steel company with annual revenues of $8 million is looking to buy a large industrial furna

ce from Shinto Manufacturing, a Japan-based company. Rather than have a letter of credit binding the two parties, both agree on a draft. In international commerce, Shinto Manufacturing, the party initiating the draft is known as the
A. maker.B. drawee.C. buyer.D. agent.E. drafter.
Business
1 answer:
Sloan [31]4 years ago
6 0

Answer:

The correct answer is A. maker.

Explanation:

The manufacturing industry (manufacturing) is the production of added value of merchandise for use or sale using labor and machinery, tools, chemical and biological processes, or formulation. The term can refer to a wide range of human activities, from handicraft to high technology, but it is more commonly applied to industrial production, in which raw materials are transformed into finished products on a large scale. Such finished products can be used to manufacture other more complex products, such as airplanes, appliances or cars, or be sold to wholesalers, which in turn sell them to retailers, which they then sell to end users or consumers.

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At October 1, Arcade Fire Enterprises reported stockholders' equity of $36,000. During October, no stock was issued and the comp
vivado [14]

Answer:

A. $8,000

Explanation:

Stockholders Equity Includes the Add-in-capital par value, Add-in-capital excess value of Common and Preferred, Net income accumulated value and dividends.

Ending Stockholders Equity = Beginning Stockholders Equity + Income for the period - Dividend paid During the period

$32,000 = $36,000 + $4,000 - Dividend paid During the period

$32,000 = $40,000 - Dividend paid During the period

Dividend paid During the period = $40,000 - $32,000

Dividend paid During the period = $8,000

3 0
4 years ago
Which of the following statements is/are TRUE about a variable annuity contract?
stepan [7]

Answer:

The answer is: D) All of the above

Explanation:

The characteristics of a variable annuity contract are:

  1. earnings are tax deferred and reinvested
  2. they offer a Guaranteed minimum death benefit (GMDB)
  3. depending on the annuity payout option the beneficiary takes, they can provide guaranteed income for life

The beneficiary can decide between different annuity options. Annuity payments can vary depending on the account's earnings.

7 0
3 years ago
Read 2 more answers
A person in the organization has the ability to given bonuses to employees as part of a corporate compensation program. This is
skad [1K]

A person in the organization has the ability to given bonuses to employees as part of a corporate compensation program. This is an example of reward power.

<h3>What is reward power?</h3>

This is a term that is used formally in the workplace to refer to  a power that has been given by people to give out rewards to other workers in the workplace.

A supervisor who gives incentives to workers is an example of a person that holds such a power.

Raed more on reward power here:

brainly.com/question/4068765

#SPJ1

7 0
2 years ago
Johan is the manager of CycleUp and has agreed to build a new manufacturing plant in Argentina. He realizes this decision will c
Brut [27]

Answer: Utilitarian

Explanation:

From the question, we are informed that Johan is the manager of CycleUp and has agreed to build a new manufacturing plant in Argentina and that he realizes this decision will cause him to shut down a small plant in Ohio, but he decides that since the new facility will cut his operating costs in half, that is worth more than closing a plant employing ten people

This is referred to as utilitarianism.

Utilitarianism seeks to make the society as a whole better even though it might comes as an expense to a few individuals for the larger society to enjoy.

7 0
3 years ago
A technology company that makes computers for professional use is trying to segment its customers. The company asked some profes
borishaifa [10]

Answer:

Benefit sought

Explanation:

Customer segmentation can be defined as the process of placing customers into different groups, this grouping is based on the age, interest, gender. It can also be referred to as the classification of potential customers based on the similar characteristics that they share.

Customer segmentation makes it easy for marketers create an awareness of their product to a particular group of people.

Benefit sought can be described as the segmentation of a market based on the various benefits that potential customers receive from purchasing a product.

8 0
4 years ago
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