A banker's acceptance is
A) used to finance goods that have not yet been transferred from the seller to the buyer.
B) an order to pay a specified amount of money to the bearer on a given date.
C) a relatively new money market security that arose in the 1960s as international trade expanded.
D) all of the above.
E) only A and B of the above.
E
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Realized real interest rates in the United States were the highest in the
A. 1960s. B. 1970s. C. 1980s. D. 1990s.
The LMX dilemma refers to the ______.
a. situation in which a leader is placed into a situation where followers already exist b. leader-follower relationships based on intangible exchanges c. consequences resulting from many out-group members in a leader-follower relationship d. consequences of political relationships in the LMX process
A company owns a piece of land that originally cost $10,000 and has a fair market value of $8,000 . It is exchanged along with $5,000 cash for another piece of land having a fair value of $13,000 . The exchange had commercial substance. The proper journal entry to record this transaction is
a. Land (new)........................ 15,000 Land (old)...................... 10,000 Cash ........................... 5,000 b. Land (new) ....................... 13,000 Loss on Exchange ................. 2,000 Land ........................... 10,000 Cash ........................... 5,000 c. Land (new)........................ 18,000 Land (old) ..................... 10,000 Cash ........................... 5,000 Gain on Exchange ............... 3,000 d. Land (new)........................ 13,000 Retained Earnings ................ 2,000 Land (old)...................... 10,000 Cash ........................... 5,000
As the number of facilities in a supply chain increases
A) the inventory and resulting inventory costs also increase. B) the inventory and resulting inventory costs decrease. C) the inventory increases and resulting inventory costs decrease. D) the inventory decreases and resulting inventory costs increase.