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Natali [406]
1 year ago
14

an important aspect of any type of bankruptcy proceeding is the protection that the debtor has after filing for bankruptcy. the

legal term used to describe this protection is the:
Business
1 answer:
Mariana [72]1 year ago
8 0

Liquidation or the most frequent type of bankruptcy for individuals is straight bankruptcy. Your assets—anything you own with monetary value—are liquidated (sold) under the supervision of a court-appointed trustee in order to satisfy your debts.

<h3>How can bankruptcy be avoided?</h3>

preserving a positive cash flow, choosing a change in management, basing decisions on a business strategy, maintaining correct financial records, and maintaining excellent relations with creditors.

<h3>Which two primary categories of bankruptcy are there?</h3>

There are two distinct categories of bankruptcy cases out of these five types: 1) Straight/Liquidation, 2) Reorganization—the latter requires the designation of classes of claims and interests in the reorganization plan.

To know more about the Straight bankruptcy visit :-

brainly.com/question/29382813

#SPJ4

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Sarah is delivering a presentation on time management in the workplace. Each slide consists of not more than four to five points
svetlana [45]

In PowerPoint, you can use the speaker note section to make notes to yourself of things you want to be sure and say during your talk. The audience will not see these notes, they are only on the presenters screen (if the presentation is configured properly).

4 0
3 years ago
Phillip deposited $7,775 into a savings account 14 years ago. the account has an interest rate of 4.5% and the balance is curren
Bas_tet [7]
The future amount of an investment with compound interest can be calculated through the equation,

     F = P x (1 + ieff)^n

where F is the future amount, P is the current value of the money, ieff is the effective interest (rate per year), and n is the number of years.

From the equation, all are given except for the effective interest, i. Now, substituting the known values,
  14,398.87 = (7,775) x (1 + ieff)^14

The value of ieff from the equation is 0.044999. 

Since the value of the ieff when translated to percentage is equal to 4.5% as well, the interest rate is compounded yearly. 
3 0
3 years ago
Pat's Custom Tuxedo Shop maintains its records on the cash basis. During this past year Pat's collected $43,300 in tailoring fee
Luba_88 [7]

Answer:

net income = $31,500

Explanation:

given data

collect tailoring fees = $43,300

paid expenses = $12,300

Depreciation expense=  $2,500

Accounts receivable =  $1,050

supplies increased = $4,300

liabilities increased = $2,350

to find out

accrual basis net income

solution

we get here net income by given expression that is

net income = tailoring fees - expenses paid + account receivable + supplies increased - liabilities increased - Depreciation expense .......1

put here value

net income =  $43,300 - $12,300 + $1,050 + $4,300 - $2,350 - $2,500

net income = $31,500

8 0
3 years ago
What line item flows from the statement of retained earnings to the balance​ sheet?
-Dominant- [34]

Answer:

Retained Earnings

Explanation:

The statement of retained earnings is prepared after preparing the income statement but before preparing the balance sheet. The reason behind this is that the statement of retained earnings is used to calculate the amount of retained earnings at the end of the period to be shown in the balance sheet.

3 0
3 years ago
An ad campaign by Suave shampoo asked television viewers to identify the heads of hair of women who used Suave shampoo and condi
Paraphin [41]

Answer:

Suave is most likely using<u> below-market pricing</u> or<u> the penetration pricing strategy.</u>

Explanation:

Penetration pricing is one of the pricing strategies used by the companies. In this strategy, the company gains the customer's attention and market shares by offering their products at low price. This increases the demand of the product or service in the future. This strategy involves below-market pricing to sell the products.    

8 0
3 years ago
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