The contract that describes the terms of a borrowing arrangement between a firm that sells a bond issue and the investors who purchase the bonds is called the indenture.
The indenture in the document, in which the bond contract terms are described. The bond trustee is empowered and has a fiduciary duty to protect the interests of bondholders in this agreement.
This documents contains the bond covenants and all the bond features. The covenants are restrictions and requirements that the issuer must follow. The features describe the bond issue itself. If the issuer defaults on any of the provisions in the indenture, the trustee can take action.
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In general, when a corporation is to be created, it gets its charter from <u>the state government. </u>
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Corporations:
- Get their charter from a state government
- Are bound by the laws of the state in which they are registered
The powers that state governments have in the United States include being able to license corporations and when they do this, that corporation is bound by their laws.
Corporations would therefore usually look for states with more lenient laws.
In conclusion, corporate charters come from the state government.
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Answer:
a. $61,500
Explanation:
Calculation for the amount of cash paid for
dividends
Using this formula
Dividend amount=Cash dividends payable at the beginning of the year +Dividend declared during the period - Cash dividends payable at the end of the year
Let plug in the formula
Dividend amount =$30,250+$68,750-$37,500
Dividend amount =$61,500
Therefore the amount of cash paid for
dividends will be $61,500
Brand B market share is now at 14%
100 = 30 + (15-3x) + (20-4x) + (65-13x)
100 = 130-20x
20x = 130-100
x = 30/20
x = 1.5
b = 20-4*1.5
= 14
Answer:
this is messing with my brain lol but i got -493,579?
Explanation:
