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21.Desire dividend payments are fastened obligations of the organization, just like the fascination payments on corporate bonds.

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If two people today wish to acquire massive assets, like a household, and a single gets a recourse financial loan and the other a non-recourse loan, the steps the financial institution may take from Every single borrower are distinct.

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It refers the profits figures are demonstrated as gross sales percentage. They stand for equilibrium sheet calculations which happen to be shown being a share of the entire belongings. You'll be able to Categorical economic statements in the form of complete figures but this could grow to be a little bit complicated. Where The prices of goods sold could possibly have risen, but when expressed to be a percentage of full product sales it could possibly have long gone down, you cannot get an entire picture.

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