The letter of credit is the financial document which tells that a bank will pay a specified sum of money to a beneficiary
Letter of credit is also called documentary credit or bankers commercial credit.
The financial document called "Letter of credit" is a a letter written by a financial institution which authorizing another institution to pay someone a sum of money.
This document is usually a mode of payment used for the importation of visible goods.
In conclusion, the document called "letter of credit" is the financial document which tells that a bank will pay a specified sum of money to a beneficiary
Read more about letter of credit
brainly.com/question/15837848
It is not necessary, when rejecting a job candidate, to worry about how the rejection is worded, as it will have minimal, if any, impact on the organization. True False
Years ago, thousands of country music fans risked their lives by rushing to buy tickets for a Willie Nelson concert at Carnegie Hall. This behavior indicates Select one: a. nothing about the equilibrium price. b. the ticket price was at the equilibrium price. c. the ticket price was below the equilibrium price. d. the ticket price was above the equilibrium price.
There a lot of changes that affect price. This behavior indicates this ticket was below the equilibrium price
When the price of goods and services is below the equilibrium price, there is known to be excess demand for the product and this is regarded as shortage of supply.
Due to the fact that quantity demanded is more than quantity supplied, consumers are known to be willing to buy more than producers are willing to sell. This result in a mismatch between demand and supply that will lead to the increase in price.
Learn more about Equilibrium price from
https://brainly.com/question/16943594
Which of the following expressions is equal to the total investment of a no-load mutual fund? a. Net assets Ă· number of shares b. Net asset value Ă· number of shares c. Net asset value x number of shares d. Offer price x number of shares.
The answer choice which is equal to the total investment of a no-load mutual fund is:
C. Net asset value x number of sharesAccording to the given question, we are asked to state the answer choice which is equal to the total investment of a no-load mutual fund and how this affects the market shares.
As a result of this, we can see that in a no-load mutual fund, there has to be the net asset value which is multiplied by the number of shares which a person currently holds and is equal to the total investment made.
With this in mind, a net asset is the total assets which a company has after the liabilities have been removed.
Mathematically, it is calculated by making an addition of the total fixed assets plus the total current assets minus the total liabilities.
Hence, the total investment of a no-load mutual fund is found by the net asset value multiplied by the number of shares.
Read more about no-load mutual fund here:
https://brainly.com/question/4287274
HELP LOTS OF POINTS!!
Which information in the accounts payable subsidiary journal is entered after
the amount of credit or debit?
A. The name of the vendor
B. The terms of the sale
C. The balance
D. The date
Answer:
D
Explanation:
Answer: the balance
Explanation: because
Global Petroleum negotiated a deal with Saudi Arabia in which Global Petroleum would build several refineries in Saudi Arabia and receive oil as partial payment over a 20-year period. This is an example of
Considering the situation described above, when Global Petroleum negotiated a deal with Saudi Arabia, this is an example of Bartering.
What is a Bartering?Bartering is a transaction agreement whereby both parties agree to pay with goods or services without using money.
Therefore, in this situation, when Global Petroleum negotiated with Saudi Arabia to receive oil as partial payment over 20 years. This is an example of Bartering.
Hence, in this case, it is concluded that the correct answer is Bartering.
Learn more about Bartering here: https://brainly.com/question/1462751
The qualitative characteristic of using the same accounting method each period over time refers to the concept of
buy now pay later catalogs for people with bad credit
According to credit facilities providers, the buy now pays later catalogs for people with bad credit include Ashro, Boscovs, Country Door, Fingerhut, etc.
What is Buy now Pays later?Buy now Pays later is another name for credit facilities. It is an agreement between borrowers and lenders to get goods or services now in exchange for a commitment to pay at an agreed later time.
There are various Buy now Pays later providers. Some of them include:
FlexshopperBradford ExchangeLeasevilleHSN, etc.Hence, in this case, it is concluded that various Buy now Pays later providers are out there.
Learn more about the Credit facility here: https://brainly.com/question/20328667
A credit card is not considered money because A. it is not a store of value. B. it simply defers rather than completes transactions that ultimately involve the use of money. C. it is not a unit of accounting. D. All of the above.
56. How do most states finance their capital budget?
a. sales or excise taxes
b. long-term borrowing or sale of bonds
c. income and property taxes
d. personal property or inheritance taxes
REALTORS®: a. protect and promote the interests of their clients. b. treat all parties honestly. c. promote their interests over their clients' interests. d. A and B only.
Considering the available options, Realtors are known to have various functions, including options A and B only.
Functions of a RealtorGenerally, Realtors are known to perform many responsibilities, including the following:
Protect and promote the interests of their clients. Treat all parties honestly.Create a real estate contract.Rent, sell or buy properties for clients, etc.Hence, in this case, it is concluded that the correct answer is option D. "A and B only."
Learn more about Real Estate here: https://brainly.com/question/26011083
A city's water division generated $1.5 million in revenue. It reported expenses of $1 million, which included $200,000 paid to an internal service fund. The water division also transferred $50,000 to the general fund. What amount is the water division's change in net position on the statement of revenues, expenses, and changes in fund net position
The water division's change in net position on the statement of revenues, expenses, and changes in fund net position amount is $450,000.
Using this formula
Change in net position=Revenue-Expenses-Transfer to general fund
Where:
Revenue=$1.5 million
Expenses=$1 million
Transfer to general fund=$50,000
Let plug in the formula
Change in net position=$1.5 million-$1 million-$50,000
Change in net position=$450,000
Inconclusion the water division's change in net position on the statement of revenues, expenses, and changes in fund net position amount is $450,000.
Learn more about Change in net position here:https://brainly.com/question/14818051
Ron offers to pay Sara to pick up and deliver certain business documents if she is able to do it within thirty minutes of his phone call. Sara can accept the offer only by completing the task within the specified deadline. This is an example of
Answer:
This is an example of a unilateral contract.
what is a public enterprise?
answer the question ✌
Public Enterprise is a business organization partly owned by the state and controlled through a public authority.
Types :
Government companies Departmental undertakingsStatutory CorporationsExamples :
State Bank of IndiaOil & Natural Gas Corporationbank consistently denies loans to people of color because it believes they are unlikely to repay the amount due on time. This is most likely an example of __________ discrimination.
The discrimination which involves bank consistently denying loans to people of particular color is an example of Institutional discrimination.
The discrimination described is held-on to by staff because of the laid-down company law, guidelines, tradition etc
An Institutional discrimination refers to those internal policies that result in the denial of resources and opportunities to some class of individual or groups. The denial of loan provision because of color is possible because the employees held on the company's law, guideline on loan procedureTherefore, the discrimination which involves bank consistently denying loans to people of particular color is an example of Institutional discrimination.
Read more about Institutional discrimination:
brainly.com/question/2241302
Explain the difference between goods and services.
Answer:
Goods are things you buy. For example, if you were to buy fruits from a supermarket, you would be buying goods. Services are something you pay for to benefit you in some way. If you were to go to a hair salon or a nail salon, you would be paying for services.
Explanation:
Answer:
is your fat
Explanation:
is your fat
how did consumerism help cause the great depression?
The socially optimal quantity of pollution is:_________.
a. the amount of pollution society would choose if the marginal social cost of pollution were zero.
b. the amount of pollution society would choose if all costs and benefits were fully accounted for. zero.
c. the amount of pollution society would choose if the marginal social benefit of pollution were zero.
Based on standard practices, the socially optimal quantity of pollution is "the quantity whose marginal social cost equals the marginal social benefit."
What is the socially optimal quantity?The socially optimal quantity is the term used to describe output quantity that reveals equilibrium between the costs and benefits of social conditions.
Therefore when the quantity of pollution whose marginal social cost equals the marginal social benefit occurs, this is a socially optimal quantity of pollution.
Hence, in this case, it is concluded that the correct answer is the quantity whose marginal social cost equals the marginal social benefit.
Learn more about socially optimal quantity here: https://brainly.com/question/25017732
Which of the following represents an increase in labor productivity within a country? (1 point)
O GDP decreased from 400 billion dollars to 200 billion dollars while total labor hours decreased from 75 million year to 50 million.
O GDP increased from 200 billion dollars to 400 billion while total labor hours increased from 50 million to 100 million.
O GDP increased from 200 billion dollars to 400 billion dollars, while total labor hours increased from 50 million to 75 million.
O GDP decreased from 400 billion dollars to 200 billion dollars, while total labor hours decreased from 100 million to 50 million.
The option that represents the rise in labor productivity will be C. GDP increased from 200 billion dollars to 400 billion dollars, while total labor hours increased from 50 million to 75 million.
Labor productivity simply means the workforce productivity. It's the real ouput per labor hours. It's the amount of goods that are produced for a given time period.
An increase in labor productivity will be the increase in the GDP from 200 billion dollars to 400 billion dollars, while total labor hours increased from 50 million to 75 million.
Learn more about GDP on:
https://brainly.com/question/1383956
what functions are performed through the up/down buttons on 2022 versa’s available advanced drive-assist® display?
In 2022 Versa’s available Advanced Drive-Assist Display, the functions that can be performed by using the up/down buttons include the following:
To highlight multiple items on the menu screen.To use some primary screens in accessing available secondary screens.Nissan is an automobile manufacturing company that designs and develop various automobile vehicles such as:
Nissan AltimaNissan PrimeraNissan AlmeraNissan Sentra Nissan VersaIn 2022 Versa’s available Advanced Drive-Assist Display, the functions that can be performed by using the up/down buttons include the following:
1. To highlight multiple items on the menu screen.
2. To use some primary screens in accessing available secondary screens.
Learn more about Nissan here: https://brainly.com/question/24814294
need help on econ please and thank you
Answer:
1. Bonds
2. Property
3. Mutual Funds
4. Starting a business
Explanation:
Identify which accounts would appear in a post-closing trial balance: Multiple select question. purchases drawing cash accounts payable owner's capital rent expense
There are different types of account. The accounts would appear in a post-closing trial balance are owner's capital and cash account.
The post-closing trial balance will show only asset, liability, and stockholders' equity accounts and stockholders' equity accounts.
Post-closing trial balance is simply known to be a listing of all balance sheet accounts containing non-zero balances. It is usually done at the end of a reporting period.
It is often used to verify that the total of all debit balances when equals the total of all credit balances. This should net to zero.
The post-closing trial balance is known to contains only the permanent/real accounts, which are assets, liabilities, and equity.
Learn more about Post closing trial balance from
https://brainly.com/question/24914390
________________ and __________________ are creating customers who are educated about their needs and all the available options for meeting those needs.
Demand and supply are creating customers who are educated about their needs and all the available options for meeting those needs.
Demand is when people are willing to buy and pay for goods and services at a certain time, while supply is the amount of goods and services available by suppliers to consumers.
There is usually an interaction between the sellers of a resource and the buyers for that resource hence supply create and make available resources while demand pay for the available resources.
Therefore, Demand and supply are creating customers who are educated about their needs and all the available options for meeting those needs.
Learn more: https://brainly.com/question/4803223
Answer: Supply, Demand
Explanation:
which of rockwell’s paintings reached a record sale price?
"Saying grace" sold for, $46 million dollars.
what is quality management
Annual percentage rate (APR) is:
A. a yearly fee charged on a credit card.
B. the total cost of a loan per year, expressed as a percentage.
C. the interest rate on a loan expressed as a percentage.
D. an interest rate that compounds yearly.
SUBMIT
Answer:
B.The total cost of a loan per year expressed as a percentage
Marion sells for the Whatisits Company of Whoville. An analysis of the performance of the company's 25 person sales force shows that the average sales rep works 250 days a year, makes four calls a day, obtains an order, averaging $15,000, every ten calls made. Marion worked 200 days last year during which she made a total of 700 calls which resulted in 50 orders totaling $1,500,000 in sales volume. What was Marion's average order size
Based on the information given Marion's average order size is $30,000 per order.
Using this formula
Average order size=Total cost of order in sales volume/Total order
Where:
Total cost of order in sales volume=$1,500,000
Total order=50 orders
Let plug in the formula
Average order size=$1,500,000 / 50 Orders
Average order size=$30,000 per order
Inconclusion Marion's average order size is $30,000 per order.
Learn more about average order size here:https://brainly.com/question/7156691
Which of the following could result in higher living costs for the homeowner that the renter doesn’t have? a. Decreased property value b. Down payment c. Maintenance d. Monthly payment.
Maintenance could result in higher living costs for the homeowner that the renter doesn't have.
The homeowners are more beneficial as compared to renters because the homeowners own the house as the property or the assets or can be called as the possession.
Who are the renters?The renter is the person who takes a room or part of the house at rent and pays for the area that is utilized by the individual.
The maintenance cost is the additional cost that is paid by the renter to the homeowner in order to keep the rooms and the house well maintained.
Therefore, the correct answer is C.
Learn more about the cost of living of the homeowner and the renter here:
https://brainly.com/question/8755901
What type of business is formed with the primary purpose of serving its user- members? O A. Partnership B. Corporation O C. Sole proprietorship D. Cooperative
no linkss
Answer:
What was the answer?
Explanation:
Answer: it’s cooperative, I took the test.
Explanation:
ieiyeoemn you’re toxic.
Which is NOT a part of the Texas Real Estate Commission's (TREC) complaint investigation and disposition procedures?
Answer:
The answer is cooperative. Which is NOT required by the Texas Real Estate Commission (TREC) for a real estate brokerage organized as a business entity? The answer is a copy of the bylaws of the business entity must be on file at TREC. ... The answer is the Texas Business Organization Code.
The effects of tariffs and quotas are: a(n) __________ in consumers' surplus, and a(n) __________ in producers' surplus.
Answer:
decrease; increase
Explanation: