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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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Which of the following statements about mentors is true?
lesya [120]

Mentors are an excellent way to learn on the job- this statement about mentors is true.

Option: A

Explanation:

Mentors are the one who guides his trainee from different perspectives and help in every possible way. Mentors provide real life a practical advice so that it become easy to deal with the problem for trainee. Every company do support mentoring program. After appointing many fresher company executive split them in number groups and assigned one expert per group according to the nature of work.

That field expert monitors his group which consists of 7-8 persons at a time. Expert assign work to the trainees for daily basis, supervise them, advice them and train them to be a perfect employee of that company.

5 0
3 years ago
Read 2 more answers
The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ende
Paladinen [302]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the cost of goods sold:</u>

COGS= beginning finished inventory + cost of goods purchased - ending finished inventory

COGS= 30,000 + 100,000 - 40,000

COGS= 90,000

<u>Now, the number of skis sold:</u>

Units sold= 150,000/750= 200 units

<u>Traditional income statement:</u>

Sales= 150,000

COGS= (90,000)

Gross profit= 60,000

Total selling expense= (50*200 + 20,000)= (30,000)

Total administrative expense= (10*200 + 20,000)= (22,000)

Net operating income= 8,000

<u>Contribution format income statement:</u>

Sales= 150,000

Total variable cost= (90,000 + 50*200 + 10*200)= (102,000)

Contribution margin= 48,000

Total fixed selling expense= (20,000)

Total fixed administrative expense= (20,000)

Net operating income= 8,000

4 0
3 years ago
During the past 1000 years, the income per person of the world has
Mamont248 [21]

Answer: Has increased.

Explanation: Income per person has increased over the years because the cost of living and expenses have also increased. As the cost of items go up, income increases to help consumers be able to afford living and purchasing goods and services.

5 0
3 years ago
Janelle likes to keep all her savings goals separate, so she has an account for each one, including an account to save for her c
Alexxx [7]

Answer:

Yea janelle like to keep all her savings good for her

Explanation:

5 0
3 years ago
Salespeople at Janie's Cookie Company want to draw the attention of their customers through blogs, Twitter, and LinkedIn, rather
Serga [27]

Answer:

D. Inbound Marketing

Explanation:

When a company uses blogs and social media, to draw the customers through content. And this is called Inbound Marketing, a passive, subtle and digital way to market.

7 0
3 years ago
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