________ is a type of countertrade in which a foreign supplier employs a processor to process raw materials that the processor cannot afford to purchase. The supplier then sells the processed goods to a third party to pay for the processing
A. Buyback
B. Offset
C. Swap
D. Tolling
D
You might also like to view...
Which of the following would most likely be classified as a current liability?
A) Two-year notes payable. B) Bonds Payable. C) Mortgage payable. D) Unearned Rent.
The return on assets compares ________ to average total assets during the year
a. net operating income b. net income c. net sale d. net cash flow
Which of the following terms is used to describe long-term assets that have no physical substance and provide rights, privileges and special opportunities to businesses?
A. Intangible assets B. Natural resources C. Tangible assets D. Property, plant and equipment
Which of the following is NOT a definition of yield to maturity?
A) investors' required rate of return on a bond investment. B) discount rate that equates present value of future cash flows with a bond's price. C) return that an investor will earn if they buy the bond for its market price and hold it until maturity. D) discount rate that equates present value of future cash flows with a bond's face value.