[originaltext]M: The formal yardstick of performance of a business is the finan

M: The formal yardstick of performance of a business is the financial statements. They are issued at periodic intervals.
W: You are right. I find the comparison of financial statements between one year and the next, particularly helpful in understanding a company’s performance.
Q: What are they talking about?

M: If a customer lost his draft, will the bank still pay the draft to him?
W: The drawee bank may investigate the title of the person who holds it. If he has a good title, the draft will be paid.
Q: What will the drawee bank do after being informed of loss of a draft?