All categories

3 years ago

A bond indenture is

Business

1 answer:

Lena [83]3 years ago

5 0

Answer:

C. A contract between the corporation issuing the bonds and the bond trustee, who is acting on behalf of the bondholders.

Explanation:

A bond indenture specifies the contract which is between the bond issuers and bond holders. The contract specifies all the obligations owed by the issuers to the bond holders.

In this case the right definition of indenture would be a contract between the corporation issuing the bonds and the bond trustee, who is acting on behalf of the bondholders.

Hope that helps.

You might be interested in

Which of the following things can help you get a lower interest rate when you receive a loan?

Marta_Voda [28]

I you go for a shorter term your monthly pay will go up but you interet rate will lower.

7 0

3 years ago

Janelle Heinke, the owner of Ha'Peppas!, is considering a new oven in which to bake the firm's signature dish, vegetarian pizza.

NikAS [45]

Answer:

a) Oven A = 1,667; Oven B = 2,353 pizzas.

b) Oven A

c) Oven A

d) 13,334 pizzas

Explanation:

Since nothing was mentioned regarding her time availability, the capacity of each oven will not be taken into account.

The income equation for ovens A and B, respectively, are:

$A=(14-2)x-20,000\\B=(14-1.25)x-30,000$

Where 'x' is the number of pizzas sold.

a) The break-even occurs when income is zero:

$A=0=(14-2)x-20,000\\x_A=1,666.66\\B=(14-1.25)x-30,000\\x_B=2,352.94$

Rounding up to the next whole pizza, the break-even for oven A is 1,667 pizzas and for oven B it is 2,353 pizzas.

b) For x = 9,000:

$A=(14-2)*9,000-20,000\\A=\$88,000\\B=(14-1.25)*9,000-30,000\\B=\$84,750$

Income is greater with oven A, so Janelle should use oven A.

c) For x = 12,000

$A=(14-2)*12,000-20,000\\A=\$124,000\\B=(14-1.25)*12,000-30,000\\B=\$123,000$

Income is greater with oven A, so Janelle should use oven A.

d) She should switch ovens at the value for 'x' that causes B to be greater than A:

$A$

Rounding up to the next whole pizza, she should switch ovens at a volume of 13,334 pizzas.

7 0

4 years ago

Product focused processes: a) are desirable because resource needs increase slowly with the complexity of a process. b) are proc

LenKa [72]

Answer:

b) are processes that are specialized for relatively few products or customer groups.

Explanation:

As the name suggests these are focused specifically for some products and not for all of the products manufactured by a company. These processes promote the product specification details, by advancing the processes of manufacturing more specific.

These are majorly used for customer specified products, generally identical products. In which no two products are similar in nature. And accordingly, these help in maximum customer satisfaction.

3 0

3 years ago

Ben owns an ice cream shop. Last quarter's income was $9,000; his cost of goods was $575, and his total expenses were $5,000. Wh

rewona [7]

Answer:

$3,425

Explanation:

took the test

7 0

2 years ago

A company must account for a contract modification as a new contract if the:

valina [46]

Answer:

d. goods or services are distinct and company has right to receive the standalone price.

Explanation:

Goods or services are distinct and company has right to receive the standalone price.

8 0

3 years ago