Credit Instruments Describe each of the following: a. Sight draft b. Time draft. c. Bankers acceptance. d.
Question:
Credit Instruments Describe each of the following:
a. Sight draft
b. Time draft.
c. Banker’s acceptance.
d. Promissory note.
e. Trade acceptance.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (18 reviews)
a A sight draft is a commercial draft that is payable immediately b A time dra...View the full answer
Answered By
Munibah Munir
I've done MS specialization in finance’s have command on accounting and financial management. Forecasting and Financial Statement Analysis is basic field of my specialization. On many firms I have done real base projects in financial management field special forecasting. I have served more than 500 Clients for more than 800 business projects, and I have got a very high repute in providing highly professional and quality services.I have capability of performing extra-ordinarily well in limited time and at reasonable fee. My clients are guaranteed full satisfaction and I make things easy for them. I am capable of handling complex issues in the mentioned areas and never let my clients down.
4.60+
467+ Reviews
648+ Question Solved
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th Edition
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
Question Posted:
Students also viewed these Corporate Finance questions
-
Describe each of the following factors as being responsible for increasing, decreasing, or having no effect on the amount of concentrated inside equity. Explain why. A. High research and development...
-
Describe each of the following database concerns, and give an example of each: (1) Data integrity, (2) Transaction accuracy and completeness, (3) Concurrency processing, and (4) Security.
-
Describe each of the following approaches to technical analysis and note how it would be used by investors. a. Confidence index b. Arms index c. Trading action d. Odd-lot trading e. Charting f....
-
In Exercises 13 through 20, use the chain rule to compute the derivative dy/dx for the given value of x. y ==;u= u 3 - 1 for x 2
-
You drive your car in a straight line at 15 m/s for 10 minutes, then at 25 m/s for another 10 minutes. (a) Is your average speed for the entire trip greater than, less than, or equal to 20 m/s? (b)...
-
How many TVs are there in your household? was one of the questions on a questionnaire sent to 5000 people in Japan. The collected data resulted in the following distribution: a. What percentage of...
-
Tejada Corporation incurred the following transactions. 1 I'm chased raw materials on account $46,300. 2. Raw materials of \($36,000\) were requisitioned to the factory. An analysis of the materials...
-
Explain the relationship between the audit of owners' equity and the calculations of earnings per share. What are the main auditing considerations in verifying the earnings per share figure?
-
Find the domain of the following function. b) -5-4-3-2-1 5 4 3 2 2 3 4 567 X -1 -2 -3
-
The Harriet Hotel in downtown Boston has 100 rooms that rent for $150 per night. It costs the hotel $30 per room in variable costs (cleaning, bathroom items, etc.) each night a room is occupied. For...
-
Using bat all night corporations has determined that its target cash balance if it uses the BAT model is $2,600. The total cash needed for the year is $23,000, and the order cost is $10. What...
-
Trade Credit Forms in what form is trade credit most commonly offered? What is the credit instrument in this case?
-
For the object whose motion is plotted in Fig. 2-2, find, as best you can, its instantaneous velocity at the following times: (a) 1.0 s, (b) 4.0 s, and (c) 10 s. Displacement along the y-axis (m) 12...
-
Question 1 The life cycle costing and carbon footprint approach for building design and construction is a more sustainable approach than the traditional approach. (a) Discuss how could such an...
-
What are the underlying mechanisms driving the spatiotemporal dynamics of metapopulations, and how do these dynamics influence species persistence in fragmented landscapes ?
-
4. Mrs. Lee recalls that currently, the Leafs are trying to increase their revenues on merchandise in order to make up for the lack of ticket sales this year. In particular, they have been focusing...
-
3) A thin circular plate has its axis as the z-axis, and its center is the origin of our coordinate system. It has radius R, and charge 2Q. Two thin rings, each of charge -Q, and also radius R, are...
-
Man Hours 200, Material cost $17,950, Labour Cost $4,200, Overhead cost 1,906.67, total cost 24,056.67 or 24,057, Invoice Amount $25,920 budgeted MOH WHICH it is 71500 budgeted direct labour hr which...
-
You are undertaking the fieldwork for the audit of the financial statements of CAREFREE Limited for the year ended 31 December 2020. CAREFREE owns and operates a network of six private nursing homes,...
-
Critical reading SAT scores are distributed as N(500, 100). a. Find the SAT score at the 75th percentile. b. Find the SAT score at the 25th percentile. c. Find the interquartile range for SAT scores....
-
(a) An immersion heater utilizing 120 V can raise the temperature of a 1.00 10 2 -g aluminum cup containing 350 g of water from 20.0C to 95.0C in 2.00 min. Find its resistance, assuming it is...
-
Cost of Debt estimation how do you determine the appropriate cost of debt for a company? Does it make a difference if the companys debt is privately placed as opposed to being publicly traded? How...
-
Cost of Debt estimation how do you determine the appropriate cost of debt for a company? Does it make a difference if the companys debt is privately placed as opposed to being publicly traded? How...
-
Cost of Debt estimation how do you determine the appropriate cost of debt for a company? Does it make a difference if the companys debt is privately placed as opposed to being publicly traded? How...
-
Select the most correct answer from the material provided in this course that finishes the collowing statement. An option for temporary leased space is: A. working outdoors near the damaged facility...
-
3 1 pts Ancient Grains, Inc. issued a 4 month note in the amount of $500,000 on October 1, 2021 with an annual rate of 5%. What amount of interest has accrued as of December 31, 2021? Note: your...
-
When calculating the weighted average number of ordinary outstanding shares during the period, which of the following is treated as if it were outstanding since the beginning of the year? I....
Study smarter with the SolutionInn App