Answer: b. a lower interest rate than
Explanation:
A protective convenant is also referred to as a restrictive covenant and it is referred to as an agreement whereby a particular company is restricted from doing certain things while a contract is still ongoing.
In this case, when a firm issues debt with no protective covenants in the indenture then the firm's debt will probably be issued at lower interest than similar debt with protective covenants. The reason for this is that the lender is protected when there is a convenant which ultimately lower the cost of debt.
Answer:
Explanation:
The statement of income records all sales revenues general and expenditure incurred during a particular period.
The balance sheet reports the assets and the liabilities of the company
So, the classification is as follows
a. Net income = income statement (I)
b. Retained earnings = balance sheet (B)
c. Depreciation expense = income statement (I)
d. Accumulated depreciation = balance sheet (B). It is deducted from the value of the respective fixed assets
e. Wages expense = income statement (I). It is shown on the debit side of the income statement
f. Wages payable = balance sheet (B). It is a current liabilities
g. Interest expense = income statement (I) It is shown on the debit side of the income statement
h. Interest payable = balance sheet (B). It is a current liabilities
i. Sales = income statement (I)
It should be noted that the study of how resources are distributed for production of goods and services within a social system is called Economics.
<h3>What is Economics?</h3>
Economics can be regarded as a social science which focus on the study of production as well as distribution, and consumption of goods as well as services.
Therefore, economics focus on how resources are distributed for production of goods.
Learn more about economics at:
brainly.com/question/25791968
Answer:
a) 406200000
b) 7500000 and 5.36%
c) 0.7
Explanation:
please find the attached file
Answer: Who else do you know in this career field that I could speak to about this career?
What experience did you obtain before being elected?
Explanation:
Informational interview is the interview which is conducted to obtain information from the celebrities, politicians, and other important people to understand and learn about the strategies and planning they are gone through with in their career.
Informational interview can also be defined as a kind of meeting in which the potential job seekers get career advice.
Here, Sherry is going to obtain the career advice from mayor. Thus she will ask question related to mayor's career.
She can ask about the prior experience of mayor in politics or any other field before he was elected. She can also ask about who else she can talk related to this career for better understanding.
