Which of the following credit agreements will provide the highest likelihood of cash payment to a seller of goods?
A) Open account
B) Time draft
C) Banker's acceptance
D) Conditional sale
Ans: C) Banker's acceptance
Business
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Hermann Corporation is considering an investment of h375 million with expected aftertax cash inflows of h115 million per year for seven years and an additional after-tax salvage value of h50 million in year seven. The required rate of return is 10%. What is the investment’s PI?
A. 1.19. B. 1.33. C. 1.56.
Business
During the interview, a candidate should ask questions about
A) salary. B) when they can expect to be given an offer. C) what the company is looking for in a new employee. D) the major competition of the company. E) critical weaknesses of the company and how the company plans to address them.
Business