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3 years ago

Refer to the following selected financial information from our company. Compute the company's profit margin for Year 2.

Business

1 answer:

Marianna [84]3 years ago

3 0

Answer:

a. 14.1%

Explanation:

Year 2

Net Profit Margin = Earnings Before Tax / Sales × 100

= $ 67,250 / $478,500 × 100

= 14.05 or 14.1 %

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The correct answer is location economies

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Other things equal, a firm will have to pay a higher coupon rate on its subordinated debentures than on its second mortgage bond

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The statement "Other things equal, a firm will have to pay a higher coupon rate on its subordinated debentures than on its second mortgage bonds." is True

This is further explained below.

<h3>What is a Mortgage?</h3>

Generally, MBS stands for mortgage-backed securities, which are bonds that are backed by mortgages and other types of real estate loans.

They are produced when a number of these loans, which often have qualities that are comparable to one another, are pooled together.

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The maximization of profits is the overarching goal of the business, according to the theory of the firm.

In conclusion, It is correct to say that, "all things being equal, a company will be required to pay a greater coupon rate on its subordinated debentures than on its second mortgage bonds."