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: 64% (17 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)...
-
Selected transactions for Thyme Advertising Company, Inc. are listed here. 1. Issued common stock to investors in exchange for cash received from investors. 2. Paid monthly rent. 3. Received cash...
-
The number of inches which a newly built structure is settling into the ground is given by \[y=3-3 e^{-\alpha x}\] where \(x\) is its age in months. Use the method of least squares to estimate...
-
Suppose you are the HR manager for a chain of clothing stores. You learn that union representatives have been encouraging the stores' employees to sign authorization cards. What events can follow in...
-
What health issue is prevalent in San Diego, California? What is the structure and function of public health at national, state, and local levels? what type of structure can be seen between levels of...
-
Refer to Fig. 4.40. 8,0 in Semicircular hatch 10 in 26 in 20-in radius Ethylene glycol sg = 1.10 10 in Tank is symmetrical 30
-
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?
-
Evaluate the integral. | Vx? + 2x dx
-
What are the prospects for harnessing microbial diversity and symbiotic interactions in the development of novel biotechnological solutions for agricultural productivity, environmental...
-
Find three consecutive even integers such that 27 more than 3 times the second is 7 less than 8 times the first.
-
What role does computational biology play in the analysis and interpretation of large-scale omics data sets, and how can machine learning algorithms be leveraged to uncover hidden patterns and...
-
Let f:x->Y and g:Y->Z be two functions (mapping ) (i) If f and g are both injective, then show that the composition of gof is also injective.
-
the sum of ages of a father and his son is 43 while the difference in their age is 25.what is the age of the father
-
It costs \(\$ 10\) to produce a low-quality wallet and \(\$ 20\) to produce a high-quality wallet. Consumers cannot distinguish between the products before purchase, they do not make repeat...
-
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...
-
You own a Triplex and are renting each unit for $1029/month Expenses will be 45% of gross rent Vacancy rate is 5% You will also have additional income by charging $25/month/unit for each unit's use...
-
Calculate this by using this formula: Break-Even Point = Fixed Costs / (Sale Price per Unit - Variable Costs per Unit): Existing Process Metrics: Workforce: 5 employees Output Rate: 60 fittings per...
-
What is your estimate of the total charge, in dollars, for concrete transportation for this project? Your answer should be rounded to the nearest 1000. Do not enter a $ sign. Hint: There are 1000...
Study smarter with the SolutionInn App