Public debt securities have been registered by the business is the circumstances would a privately held company be obligated to make sec filings.
<h3>What is public debt securities?</h3>
The owners of financial instruments referred to as debt securities are entitled to recurrent interest payments. In contrast to equity securities, debt securities demand repayment of the principal borrowed.
The interest rate on a debt security will be influenced by the borrower's perceived creditworthiness. Although there are many different types of debt securities, corporate and governmental bonds are among the most common.
Thus, Public debt securities have been registered by the business.
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Answer:
Net income= $27,960
Explanation:
Giving the following information:
Fixed costs= $30,000
contribution margin ratio= 0.63
Sales= $92,000
<u>First, we need to calculate the total contribution margin:</u>
Total contribution margin= 92,000*0.63= 57,960
<u>Now, the net income:</u>
Net income= 57,960 - 30,000
Net income= $27,960
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Answer:
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Explanation: