Banker's draft can be used when the person making the payment wants money to be
available in the receiving bank's account.
<h3>What is bank draft?</h3>
Banker's draft is a a form of cheque that is given to a customer at the bank either for a purchase payment.
It can also be brought to another bank for remittance, it serves as evidence for transactions.
Therefore, a banker draft can be used when the person making the payment wants money to be
available in the receiving bank's account.
Learn more on bank's draft here,
https://brainly.com/question/6906511
Answer:
Corporation
Explanation:
The reason is that the company provides laibility shield and also a great opportunity to raise finance through listing in the stock exchange. Furthermore the tax rates in the limited partnerships is higher than the companies required that the profits are not distributed to its shareholders. However in the corporation legal form can be used to defer the income tax by not issuing dividends and reinvesting that money in the business (Tax benefits).
So the best legal form of business is corporation.
Answer:
Regardless of whether you are looking through the microeconomics microscope or the macroeconomics telescope, the fundamental subject material of the interconnected economy does not change.
Explanation:
Yes, regardless of whether we are looking through the microeconomics microscope or the macroeconomics telescope, the fundamental subject material of the interconnected economy does not change. Because there is very strong interlink between the elements of an economy and there are interlinked quite perfectly as well. As we have two main parts of an economy which are organisations and households, which have coordination in three different types of markets which are goods and services, labor and financial market. Organisations sell their products to the households. Money taken from household is taken by firms. Organisation needs to have people in order to make their products so the money flows to the labor market simultaneously as well. Organisations put their savings and profits whit the financial institutions and in this way money flows and all of these factors are interlinked with one another.
Answer:
Explanation:
Slope of Expenditure line = Marginal propensity to consume (MPC) + Marginal propensity to invest (MPI) + Marginal propensity to government purchases (MPG) - Marginal propensity to import (MPM).
Here, MPC = 0.8. But, since planned investment, government purchases and net exports (= Exports - Imports) are both fixed values, this means investment, government purchases and net exports (including imports) are autonomous expenditures, and therefore,
MPI = 0, MPG = 0 and MPM = 0.
Slope of expenditure line = MPC = 0.8
Answer:
The correct answer is A
Explanation:
Short term restrictive financing policy is the policy which is entails the low ratio of the current assets to the sales. This policy is grounded on the liabilities which are short term in nature.
In order to maintain the low ratio of the current assets to the sales, one needs to purchase or bought the inventory
