A sight draft that arises when a seller extends credit to a buyer with the sale of goods is known as a ________
A) check
B) time draft
C) trade acceptance
D) demand draft
C
You might also like to view...
Once an accounting system has been implemented, feedback will be used to continuously analyze and improve the system
Indicate whether the statement is true or false
Bipolar adjective scales are used with which survey instrument?
a. store positioning b. store-image testing c. semantic differential d. image analysis
Explain the difference between cash and cash equivalents.
What will be an ideal response?
What is the probability that Product B will being purchased by the smaller company?
A small entrepreneurial company is trying to decide between developing two different products that they believe they can sell to two potential companies, one large and one small. If they develop Product A, they have a 50% chance of selling it to the large company with annual purchases of about 20,000 units. If the large company won't purchase it, then they think they have an 80% chance of placing it with a smaller company, with sales of 15,000 units. On the other hand if they develop Product B, they feel they have a 40% chance of selling it to the large company, resulting in annual sales of about 17,000 units. If the large company doesn't buy it, they have a 50% chance of selling it to the small company with sales of 20,000 units. A) 0.8 B) 0.5 C) 0.4 D) 0.3