Answer:
2. A given bond is subordinated to other classes of debt.
Explanation:A bond Indenture is a legally approved contract between a bond holder(the buyer of the bond) and a bond issuer(the original owner of the bond,who sold it to the bond holder).
Subordinated bond is also known as junior Securities or subordinated debt are bonds that are lower in rank compared to other bonds,a subordinated bond holder is only paid when other senior bond have been completely paid out.
What it would mean is that they would have control of everyone
We wouldn’t be able to do anything by ourselves with our own things
Since they would have control of our property and even bank accounts
It is technically taking away our life
<span>7% of $2,825.00 is equal to $197.75.
22 minus 9 equals 13 years.
13 times $197.75 is equal to the present value $2,570.75.</span>
Answer: 3.4
Explanation:
The Quick ratio is calculated by Dividing Quick Assets by the current Liabilities.
Quick Assets are current assets that are either cash or cash equivalents.
That includes Account Payables, Cash and Marketable securities.
Adding them up,
= 60,000 + 30,000 + 30,000
= $120,000
The Current Liabilities are,
= Accounts Payable + Accrued Liability.
= 30,000 + 5,000
= $35,000
Quick Ratio = Quick Assets / Current Liabilities
Quick ratio= 120,000/ 35,000
Quick Ratio = 3.43
Quick Ratio is 3.4.