大黄英语.doc

Letter of Credit信用状exporter is drawing against the L/C terms.An important feature of L/C is that the issuing bank,instead of the applicant,directly assumes payment promise to the beneficiary,though it has to claim reimbursement from the applicant later. 信用证（信用证）是一个书面付款签发银行客户的要求（进口的三分之一方（申请人）的出口商或受益人）的荣誉是对出口信用证的条款。一个重要特点是，信用证开证行，申请人，直接承担付款承诺给受益人，尽管它有索偿申请人后 信用证是信贷手段---债务解决两国之间的客户，尤其是进口商（申请人）和出口商（受益人）国际贸易间。其性能可能是的说明如下：specify such term as the beneficiary is name,quantity,unit pricy and total amount of goods,ports of loading and destination,price and paymentterm,shipping documents,latest shipment date and validity term of the L/C. 当进口商和出口商签订销售合同，乙方有一致同意，本合同项下付款将通过银行信用证会要求他的银行（开证银行）发行为受益人的信用证的价值抵押贷款。信用证指定的期限受益人的名称，数量，价格昂贵和单元货物总金额，装货港和目的地，价格和付款条件，装船单据，最后装运期和信用证有效期内 Out its terms, will send the original of L/C to B. 通过邮寄或通过电缆，发卡银行发送信用证c.both原件和复印件，它的一个记者（通知行）在出口地，其中，在核实真伪的信用证，看是否可以进行与开证行付款承诺，便可以装运以信心和本原始，连同一套单据，向议付行，它将检查如果文件是在符合信用证条款和谈判的图纸以购买乙级资质文件。作为下一步，议付行要把这些文件，开证行付款，后者将接受单据并覆盖原索赔。 这是信用证编号用于结算账户和当事人的利益维护。什么是重要的是，信用证的条款必须严格遵守。投资决策投资项目（迂回生产方法）通常涉及购置的固定资产，是指生产商品和服务的未来。除了生产和收入来源于就业的资本资产一般持续数年。如何才能投资者比较目前的资产成本与未来除了收入？贴现程序提供答案。贴现程序允许投资者确定现值的预期未来收入所产生的资本资产和比较此值资产的成本。因此，该程序是特别重要的投资者。 —seeking investors will search for capital investments for which the present value of the revenues generated exceeds the cost of the prodect(or the capital asset). When the present value of the revenue derived from an investment exceeds the coat of the investment, the investor will earn economic profit. For profitable projects, the rate of return provided by the asset will exceeds the market interest rate. On the other hand, if the cost of the project exceeds the discounted value of the future net receipts, losses will result .Losses indicate that the asset is earning less than the interest rate. Let us consider an example, suppose a truck rental firm is contemplating the purchase of a new 4000 truck. Past experience indicates that after the operation and maintenance expenses have been covered, th