What is a banker's acceptance, and how is it used in international trade?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (10 reviews)
A bankers acceptance is a time draft drawn on a comm...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Multinational Finance Evaluating Opportunities Costs and Risks of Operations
ISBN: 978-1118270127
5th edition
Authors: Kirt C. Butler
Question Posted:
Students also viewed these Banking questions
-
What is sales promotion and how is it used in international marketing?
-
What is a bankers acceptance? How is one created? Whose liability is it?
-
Inca Breweries of Lima, Peru, has received an order for 10,000 cartons of beer from Alicante Importers of Alicante, Spain. The beer will be exported to Spain under the terms of a letter of credit...
-
Racing Investment Fund 2000 LLC was created in August 2000 to purchase, train, and race thoroughbred horses. The LLC ' s operating agreement provided for 50 membership units to be sold for an initial...
-
Great Manufacturing Company received and paid a premium notice on January 2 for workers compensation insurance stating the rates for the New Year. Estimated employees earnings for the year are as...
-
a . What type of information is reported on the statement of stockholders equity? b . Explain the difference between the statement of retained earnings and the statement of stockholders equity.
-
Suppose the mean value E1y2 of a response y is related to the quantitative independent variables x1 and x2 E1y2 = 2 + x1 - 3x2 - x1x2 a. Identify and interpret the slope for x2 b. Plot the linear...
-
Ricks English Hut (Ricks) is a restaurant located in North Myrtle Beach, South Carolina on a saltwater marsh, surrounded by stately oak trees. Ricks appetizers and entrees run the gamut, from tasty...
-
help me solve this please i have 30 minutes until the deadline, thank you 5. Journalize the following business transactions in general journal form. Identify each transaction by number. 1) Rachid D....
-
On September 1, 2014, the account balances of Percy Equipment Repair were as follows. During September, the following summary transactions were completed. Sept. 8 Paid $1,400 for salaries due...
-
Describe four methods of payment on international sales.
-
What is countertrade? When is it most likely to be used?
-
Briefly explain the usefulness of a sensitivity graph.
-
Classic Auto Parts sells new and used auto parts. Although a majority of its sales are cash sales, it makes a significant amount of credit sales. During 2012, its first year of operations, Classic...
-
The following information is available for Market Inc. and Supply Inc. at December 31, 2012: Required a. What is the accounts receivable turnover for each of the companies for 2012 ? b. What is the...
-
Buck Novak, the chief executive officer of Novak Corporation, has assembled his top advisers to evaluate an investment opportunity. The advisers expect the company to pay \($400,000\) cash at the...
-
Verify the log-likelihood in equation (16.4) for the Tobit model. In L = = In { 1-0 (x-di)} 1:y=di 122. + (y; - x) 02 (16.4) i:y;>di
-
Milo Company is considering the purchase of new equipment for its factory. It will cost \($250,000\) and have a \($50,000\) salvage value in five years. 1 he annual net income from the equipment is...
-
Load moves along girder \(B C D E\). Draw the influence lines for the reactions at supports \(A\) and \(D\), the shear and moment at section \(C\), and the moment at \(D\). Point \(C\) is located...
-
CdF2 (s) Cd+ (aq) + 2 F- (aq) 1. A saturated solution of CdF2 is prepared. The equilibrium in the solution is represented above. In the solution [Cd+] eq = 0.0585 M and [F-] eq = 0.117 M. a....
-
During the Asian crisis, why did the discount of the forward rate of Asian currencies change? Do you think it increased or decreased? Why?
-
During the Hong Kong crisis, the Hong Kong stock market declined substantially over a 4-day period due to concerns in the foreign exchange market. Why would stock prices decline due to concerns in...
-
On August 26, 1998, the day that Russia decided to let the ruble float freely, the ruble declined by about 50 percent. On the following day, called Bloody Thursday, stock markets around the world...
-
Marigold industries had the following inventory transactions occur during 2020: 2/1/20 Purchase 51 units @ $46 cost/unit 3/14/20 purchase 98 units @ $49 cost/unit 5/1/20 purchase 68 units @ $53...
-
In this investment portfolio simulation, you and the bean counters, will invest and manage a fictitional amount of $ 1 , 0 0 0 , 0 0 0 during next three weeks. The simulation includes two fictitional...
-
Roberson Corporation uses a periodic inventory system and the retail inventory method. Accounting records provided the following information for the 2018 fiscal year: Cost Retail Beginning inventory...
Study smarter with the SolutionInn App