A major benefit a debtor can derive from using a credit facility is?
better service
goodwill
convenience
control
Correct answer is C
No explanation has been provided for this answer.
The sale of of foreign investment and gold reserves can be used to?
correct adverse balance of trade
increase invisible imports
correct adverse balance of payment
correct a budget deficit
Correct answer is A
No explanation has been provided for this answer.
The abbreviation C and F indicate that the?
production cost excludes the cost of carriage
selling price includes the cost of carriage
cost of production includes dilivery charges
cost price includes the cost of carriage
Correct answer is B
C and F stand for cost and freight, used in contracts for international trade that specify that the seller of the goods is required to arrange for the carriage of goods by sea to a port of destination and provide the buyer with the documents necessary to obtain the items from the carrier.
A share premium is an example of?
issued capital
capital stock
equity capital
capital reserve
Correct answer is D
A capital reserve is created out of capital profits such as cash received by selling current assets, the premium earned on the issue of share and debentures, excess on revaluation of assets and liabilities. It is an account on a balance sheet reserved for contingencies or to offset capital losses.
subscriptions
total savings
volume of purchase
contributions
Correct answer is C
Dividends are paid in proportion to the number of securities that an investor holds in a particular company. For instance, an investor with 1,000,000 worth of securities will most definitely get paid more dividends than someone with 800,000 worth of investments.