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3 years ago

A __________ represents an unconditional agreement by a bank to pay a specified amount at a particular time.

1 answer:

8 0

A letter of Credit represents an agreement by a bank to pay a foreign company a given amount if certain conditions are met.
This agreement served as some sort of guarantee if one party do not respect their agreement.This type of agreement usually made during the clearing process.

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1. Identify the factors that impact the social responsibility policies implemented by businesses.

andreyandreev [35.5K]

Answer:

Number one is the answer

Explanation:

7 0

3 years ago

On January 1, 2021, Hoosier Company purchased $940,000 of 10% bonds at face value. The bond market value was $985,000 on Decembe

qaws [65]

Answer:

Dr Bonds 940,000

Cr Cash 940,000

Dr Fair Value adjustment 45,000

Cr Net Unrealized holding gains & losses 45,000

Dr Fair Value adjustment 45,000

Cr Net Unrealized holding gains & Losses 45,000

Dr Investment in bonds 985,000

Cr Discount on bond investment 45,000

Cr Cash 940,000

Explanation:

Hoosier Company Journal entries

Dr Bonds 940,000

Cr Cash 940,000

Dr Fair Value adjustment 45,000

($985,000-$940,000)

Cr Net Unrealized holding gains & losses 45,000

Dr Fair Value adjustment 45,000

Cr Net Unrealized holding gains & Losses 45,000

Dr Investment in bonds 985,000

Cr Discount on bond investment 45,000

Cr Cash 940,000

8 0

4 years ago

A machine purchased 1 year ago for $85,000 costs more to operate than anticipated. When purchased, the machine was expected to b

goblinko [34]

Answer:

Value of S=$25000.

Explanation:

Value of P= $75000

Value of n= 5 years

Value of AOC= $36000+ $1500k (k=1 to 5)

Since the salvage value would be after 5 years=

S=($75000- $10000*5) = $75000- $50000= $25000.

Value of S=$25000.

4 0

4 years ago

If Malaysian companies are highly efficient in the production of textiles and U.S. companies are highly efficient in the product

rosijanka [135]

If Malaysian companies were more efficient in textile production and the U.S. was more efficient in computer software, they should sign a Free trade agreement.

<h3>What would a free trade agreement do?</h3>

A free trade agreement allows for countries to be able to trade without any restrictions.

Implementing a free trade agreement here would allow funds to freely move to Malaysia for textile production, and to the U.S. for software companies.

In conclusion, this is a free trade agreement.

Find out more on free trade agreements at brainly.com/question/2201430.

3 0

3 years ago

Suppose Pete was looking for a job for so long that he decided to give up looking for a job altogether. Pete has decided to reti

fredd [130]

Answer: Marginally - attached worker

Explanation: While calculating the underemployment rate the government usually includes three groups these are : unemployed workers who are actively looking for work; involuntarily part-time workers and marginally attached workers who want and are available to work , but have given up actively looking.

Therefore Pete would lie under the category of marginally attached worker who want and are available to work , but have given up actively looking.

7 0

3 years ago