Time draft
Explain how does time draft become a banker’s acceptance?
Expert
When goods are shipped by exporter through common carrier, exporter’s bank presents the shipping documents and the time draft to importer’s bank. After taking title to goods through the bill of lading, the importer’s bank accepts the time draft, creating at this point a banker’s acceptance (B/A). B/A is a money market instrument for which a secondary market exists.
List disadvantages and advantages of the financial hedging of firm’s operating exposure through the operational hedges (like relocating the manufacturing site)?
What were the goals of Social Democrats? What did Anarchists want?
Accounts Receivable: The money owed by customers (that is, individuals or corporations) to other entity in exchange for services or goods that have been employed or delivered, however not yet paid for. Receivables generally come in the form of operati
What did Freedmen’s Bureau do?
What is Death spiral? Is it related to cost accounting. Illustrate it.
Average Profit Method: (Goodwill method): The profit earned by an organization throughout previous accounting periods on an average basis is termed as average profit. Goodwill is computed on the basis of average profit due to prospect expectations of
What is the meaning of Electronic Fund Transfer. Briefly describe it.
What is the advantage of Historical Cost in Decision Making?
What is Freight-in and what are its conditions?
A structure for showing the effect of market events on a particular asset, liability, equity, earnings, or expense. The effects are measured in terms of dollars. The account looks like as a collection point in the meanwhile the processing of all the transactions involving the balance sheet or inc
18,76,764
1930926 Asked
3,689
Active Tutors
1436120
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!