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PolarNik [594]
1 year ago
5

suppose that forever 21 corporation has total assets of 3578000, common stock of 939000, and retained earnings of 576000 at dece

mber 31, 2025. what are the creditors claims on their assets at that date
Business
1 answer:
yawa3891 [41]1 year ago
6 0

Assets-common stock-retained earnings=assets

3578000-939000-576000=31, 2025

There are 1,750,975 creditors' claims against their assets.

A creditor's claim, also known as a proof of claim, is a document submitted to a bankruptcy or probate court to prove a debt owing to that person or business. The contents of the claim will vary depending on the jurisdiction and circumstances, but it typically includes precise information about the debt, how it occurred, and proof of the debt. Whether it be during bankruptcy or probate procedures, a creditor must submit a creditor's claim in order to recover any debt; otherwise, they run the risk of other creditors and beneficiaries taking control of all the assets. This is required so that estates can distribute assets in accordance with the rules set forth by wills and bankruptcy courts to make sure creditors are compensated.

To learn more about creditors' claims here

brainly.com/question/28205794

#SPJ4

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Henry is a manager in an operations department in a computer manufacturing company. He thoroughly studied the production process
Fynjy0 [20]

Answer:

d. Scientific management.

Explanation:

The management theory used by Henry in this case is scientific management, which can be understood as an administrative model created by Taylor.

The main objective of scientific management is to make work more efficient using less resources and efforts, that is, making work more flexible by rationalizing work and implementing scientific techniques and training employees so that there is efficiency and effectiveness in organizational processes, with the lowest cost, time and continuous improvement.

4 0
3 years ago
Suppose that a firm produces 200,000 units a year and sells them all for $10 each. The explicit costs of production are $1,500,0
satela [25.4K]

Answer:

Accounting profit will be $500000

Economic profit will be $200000

Explanation:

We have given number of units produces = 200000

Cost of one unit = $10

So total cost of production = 100000×$10 = $1000000

Explicit cost = $1500000

And implicit cost = $300000

We know that accounting profit = revenue - explicit cost = $1000000-$1500000 = $500000

And economic profit = revenue - implicit cost = $1000000-$300000 = $200000  

7 0
3 years ago
On June 30, 2011, Cole Inc., exchanged 3,000 shares of Stone Corp. $30 par value common stock for a patent owned by Gore Co. The
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Answer:

$135000

Explanation:

Cole should record the patent at $135000. The intangible asset is recorded at the price at which it was purchased. Net carrying value of $160000 in the books of seller is not useful.

At the time of purchase of intangible asset, the fair value of stone stock exchanged was $45.

So the patent cost is =

3000 shares × $45 per share = $135000.

Cole should record the patent at this value.

8 0
3 years ago
What is th law cravity
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Answer:

a law specifying that any two masses attract each other with a force equal to a constant (called the gravitational constant) multiplied by their product and divided by the square of their distance

Explanation:

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2 years ago
Which of the following states (conditions) does not describe an advantage associated with mass-marketing?
ipn [44]

Answer:

b. The wants and needs of individual customers can be more directly targeted

Explanation:

Mass marketing by definition "is the advertising or promotion of a product, good or service to a wide variety of audiences with the expectation of appealing to as many as possible". If we analyze one by one the options we have this:

a. A large pool of potential customers exists.

Thats one of the alternatives in order to use mass marketing in order to indentify potential customers.

b. The wants and needs of individual customers can be more directly targeted.

This one is NOT a method or a way to apply the mass marketing since that's a technique to classify the info from subjects.

c. Scale economies, if achieved, can generate the ability to charge low prices while still remaining profitable.

Thats one alternative that can be applied if we use mass marketing

d. Firms can still differentiate their brands from the competition through creative promotions.

That's one alternative since we can see and create potential customers with this alternative.

e. Scale economies (economies of scale) can potentially be obtained.

For this case is one of the options in order to apply mass marketing since "Economies of scale are cost advantages reaped by companies when production becomes efficient".

8 0
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