Answer:
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<span>Panera bread will be a competitor of Rebecca and Donna's fine coffee and pastry shop. It will be important and necessary that they highlight and market their unique offerings relative to Panera so that customers will be encouraged to shop with them.</span>
Answer:
take inventory on how much product he has and how much he needs
Explanation:
Answer
356.75 ≅ 357 Clocks
Explanation
VC = Variable cost per clock = $6 per clock
SP = Selling price per clock = $24 per clock
TFC = Total Fixed Costs = $6,600
If the Variable Cost decreases by $0.50
the the new variable cost = 
= $6 - $0.5 = $5.5 per clock
Break-Even Point (Units) = Fixed Costs ÷ (Sales per Unit – Variable Cost per Unit)
= $6,600 ÷ ( $24 per clock - $5.5 per clock)
= 356.75 ≅ 357 Clocks
Answer:
C. issuing junior lien bonds unless the facility's revenues are sufficient to pay for existing and proposed debt
Explanation:
A municipal revenue bond trust indenture includes an "additional bonds test" covenant. This prohibits the issuer from doing all the following;
1. issuing parity bonds unless the facility's revenues are sufficient to pay for existing and proposed debt.
2. issuing senior lien bonds unless the facility's revenues are sufficient to pay for existing and proposed debt.
3. issuing bonds with the same lien on pledged revenues unless the facility's revenues are sufficient to pay for existing and proposed debt
On the other hand, it allows issuing junior lien bonds unless the facility's revenues are sufficient to pay for existing and proposed debt.
An additional bonds test ultimately implies that the issuer is prohibited or restricted from the issuance of new bonds against the revenues of any other firm having same parity lien against pledged revenues, except it has sufficient funds (revenues) to do so.
Generally, in bond transactions, prohibition are made for selling debt having a senior claim when compared to that of the old (existing) bondholders such as creditors or investors.
