BTU, or British thermal unit, is the industry-standard used to measure the heating efficiency of furnaces. In addition to BTU ratings, furnace manufacturers might include a Manual J Load rating and a percentage of energy efficiency.
A debenture is a type of debt instrument that is not secured by physical assets or collateral. Debentures are backed only by the general creditworthiness and reputation of the issuer. Both corporations and governments frequently issue this type of bond to secure capital.
Best Answer: 1.Bond interest paid by a corporation is an expense, whereas dividends paid are not an expense of the corporation. 2.Financial leverage refers to the practice of borrowing at one rate and investing at another. 3.Neither corporate bond interest nor dividends is deductible for income tax purposes. 4.Secured...