Answer:
have a lower claim on assets than simple debentures
Explanation:
<em>Subordinated debenture have a lower claim on asset than simple debentures.</em>
They are a form of debt or loan without any security and occupy the bottom in the scale of debt repayment.
Subordinated debentures represent an investment with higher risk due to lack of security or backing collateral, but as expected, they come with higher returns when compared to their unsubordinated counterparts.
Answer:
Calculate the self-employment tax for 2019 as follows:
Schedule C net income = $144,400
Less: Self-employment adjustment ($144,400 x 7.65%) = $11,046.6
Taxable self-employment earnings = $133,353.40
Self-employment tax rate = 15.30%
Total self-employment tax = $20,403.10
Therefore: the total self-employment tax is $20,403.10
Answer:
$75,000
Explanation:
The computation of the revised break-even point in dollars is shown below:
Break even point = (Fixed expenses) ÷ (Profit volume Ratio)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $10 - $4
= $6
And, Profit volume ratio = (Contribution margin per unit) ÷ (selling price per unit) × 100
So, the Profit volume ratio = ($6) ÷ (10) × 100 = 60%
And, the fixed expenses is $30,000 + $15,000 = $45,000
Now put these values to the above formula
So, the value would equal to
= ($45,000) ÷ (60%)
= $75,000
Answer:
Financial Markets by Coursera
Explanation:
Answer:
False.
Explanation:
Liquidity ratios are used by creditors to determine the ability of a company or debtor to pay off current short-term debt without any external help. They are thus, of great importance to creditors to show them the debtor's ability.
