Define trade credit

Q: Define trading venue

A: Definition:   The facility where multiple buyers and seller trade financial instruments. It allows…

Q: Define the term merchandise returns.

A: Merchandise Inventory: Merchandise is the stock of goods bought by a wholesaler, or a retailer, or a…

Q: guish between Eurocurrency, Euro credit and Euro commercial paper

A: Distinguish between Eurocurrency, Euro credit and Euro commercial paper   There are various…

Q: (c) Show clearly how the trade payables should be recognised initially and how the subsequent…

A: Entity 2 purchased a specialist machine from a US Supplier on 1st Jan 2021. The price of the machine…

Q: In bill of exchange the payment is received by

A: Option (d) is the correct answer

Q: the trade discount and trade discount rate.

A: List Price Net Price Trade Discount Trade Discount Rate 65.00 50.00 15.00 23.08% 115.00 98.00…

Q: Describe some ways to manage credit risk at a nonfinancialcompany

A: Evaluation of the customer prior to granting credit. Nonfinancial Company does self-evaluation or…

Q: state the importance of Balance of International Payment

A: The Balance of International Payment (or simply the Balance of Payment or BoP) is that statement…

Q: Define dealer market

A: Answer: Usually, secondary market is a place in which investor will buy and sell securities between…

Q: Define Trade discounts.

A: Business:   It refers to a commercial activity involving buying and selling of a product or a…

Q: al Currency, Functional Currency and Pre

A: Local currencies are currencies that circulate mostly locally and at a community level. They work as…

Q: Define credit enhancement

A: Borrowings are the liability of the company which is used to finance the requirement of the funds.…

Q: How does a trade atan ATS differ from an internalized trade at a broker-dealer?

A: In Internalized tradeBroker-dealer is helpful in executing the trade. It functions as a mediator for…

Q: What is the differ

A: A credit memorandum stand for credit memorandum when a contributor's withdrawal from his bank…

Q: Distinguish between primary markets and secondary markets

A: Primary-market-The primary market is the place where the new bonds, stocks, etc are sold to acquire…

Q: Differentiate between spot and forward exchange rates

A: Introduction: The spot rate is the rate at which the actual deal or sale is to take place…

Q: Distinguish between the Customs Act, Customs Tariff Act, an EIPA Further, what is the purpose of…

A: Customs Act: Customs Act deals with the administration part of the customs transactions and general…

Q: Explain the mode of delivery in foreign contracts.

A: It is defined as the delivery as a part of the contract of trade between the seller and the buyer.…

Q: Trade and other payables includes what?

A: The balance sheet is the financial statements of the business that show the assets and liabilities…

Q: What is trade credit?

A: Trade credits are advantageous for buyers because they get sufficient time for making their…

Q: Differentiate between primary and secondary markets.

A: Primary market is a market where shares and securities are created and sold for the first time.…

Q: discuss the prospects and consequences of trade protection, citing relevant and recent examplesI)

A: For the purpose of increase and decrease in the trade activities of the country, the implementation…

Q: Explain the concept of American depositary receipts (ADRs).

A: Answer: Meaning of American depositary receipts (ADRs): American negotiable securities that signify…

Q: Differences and similarities of Business and Consumer Loan.

A: A loan is a financial term that indicates the borrowings of an individual or an organization. In…

Q: differentiate between the Customs Act, Customs Tariff Act, and EIPA

A: Customs Act: Customs Act deals with the administration part of the customs transactions and general…

Q: what is the difference between co-pay and coinsurance

A: Coinsurance and copays are different variants of cost sharing arrangement between health insurance…

Q: How is Trade receivables turnover Ratio computed? What does it indicage?

A: Trade receivables: Trade receivables are the amounts which are billed by the business to its…

Q: Define discount period (credit)

A: Credit period:   Credit period is the maximum amount of time, expressed in days, provided by the…

Q: Define Advance payments.

A: Advance Payment : Advance Payment is a payment made before goods or services are provided. Advance…

Q: EXPLAIN THE MODE OF PAYMENT IN FOREIGN CONTRACTS.

A: A foreign exchange contract is a legal arrangement in which the parties agree to exchange a defined…

Q: illustrate the different exchange rates regimes.

A:

Q: Briefly describe the concepts of; Letter of credit, trade deficit, negotiable instrument and credit.

A: Letter of credit is a financial instrument that is used as a mode of payment specifically for…

Q: What are the methods of payment in international trade? Please Explain and use a diagram in order to…

A: International trade means the transfer of capital, goods, and services across international borders…

Q: Explain the meaning of a "trade balance"

A: Answer: Trade Balance is basically the difference between the country's imports and exports. It is…

Q: difference between Trade Payable and Other Payable with relevant examples

A: Trade Payable and Other Payable are current liabilities of a business to be payable within one…

Q: Define Historical exchange rates

A: exchange rates: value of one currency for the purpose of conversion into another currency.

Q: Define Functional currency

A: currency : Currency is the medium of exchange of goods and services.