The legal document that describes the rights and obligations of both the bondholders and the issuer is called the <u>indenture</u> bond.
<h3>What is meant by indenture?</h3>
A legal and binding agreement known as an indenture is frequently related to bond deals, real estate, or bankruptcy. A thorough description of the terms, conditions, and covenants can be found in an indenture.
<h3>Who is bondholder?</h3>
A bondholder is a buyer or the owner of debt instruments, which are frequently issued by governments and enterprises. In essence, bond issuers are borrowing money from bondholders. When bonds mature, bondholders are reimbursed for their initial investment, or principle.
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Answer:
B) sales
Explanation:
This is an example of the sales orientation. This business strategy focuses on persuasion in order to convince customers to buy products or pay for services rather than molding the products to fit the customers' needs and desires. Business operating with a sales orientation tend to heavily rely on advertisement.
Answer:
a. $5,000
Explanation:
The computation of the borrowing is shown below:
Cash balance, May 1 $20,000
Add: Cash collections from customers $80,000
Total cash available $100,000
Less:
Cash disbursements for merchandise purchases -$35,000
Cash disbursements for selling and administrative expenses -$40,000
Excess cash available $25,000
And, there is a minimum cash balance of $30,000
so we have to borrowed $5,000
The marginal tax rate on the remaining $50,000. Tim's second income that he earned throughout the year will incur the following tax obligation. The right response is 50%.
21,000 - (20%*30,000) = 21,000 - 6,000 = $15,000 is the tax on a second income.Taxes paid on second income divided by the amount of second income earned during the year is the marginal tax rate on second income.Marginal tax rate: 15%, 30%, and 50% The gross income in this example is $33,333 since it is the amount that every employee earns before taxes and social security contributions are deducted.$30,000 represents the total amount won over the course of the year after 10% is deducted for taxes (in this case, $3,333).Tax on second income equals 21,000-(20%*30,000)-21,000-6,000 =$15,000 Second income tax rate, second income tax paid, and second income earned for the year
Marginal tax rate = 15/30 = 50%.
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