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kiruha [24]
3 years ago
10

Which type of bankruptcy requires the liquidation of most of the debtor's assets?

Business
1 answer:
8_murik_8 [283]3 years ago
5 0
Chapter 7 bankruptcy is a type of bankruptcy that requires the liquidation of most of the debtor's assets. It is the most common of the bankruptcy were may debts are forgiven and a variety of assets are sold, Chapter 7 bankruptcy is favored by individuals. Under of this bankruptcy, the debtor's assets are sold off to pay the lenders.
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Enter the following transactions in the cash book of Sudhir & sons
Harman [31]

j jl Ulrich upvpici jl ljc

3 0
3 years ago
Shelton Inc. has sales of $17.5 million, total assets of $13.1 million, and total debt of $5.7 million. If the profit margin is
tatiyna

Answer:

$1,050,000

Explanation:

The computation of the net income is shown below:

Net income = Sales revenue × profit margin percentage

                    = $17,500,000 × 6%

                    = $1,050,000

To determine the net income we multiplied the sales revenues by its profit margin percentage so that the correct value could be arrived.

3 0
3 years ago
Acme enterprises began the new year owing its suppliers $3,000 for merchandise purchased last year. Acme then sold half of this
Zanzabum

Answer:

$8500

Explanation:

Beg AP bal = 3000

Sold 1/2 of merch on acct = add 2500

Paid suppliers = subtract 1000

Bought more merch on acct = add 4000

3000 + 2500 - 1000 + 4000 = 8500

Ending AP bal = 8500

4 0
2 years ago
The _____ stage of the Change Management Continuum Model demonstrates a positive impact on the organization.A. internalizationB.
gladu [14]

Answer:

The correct answer to the following question will be Option C (Adoption).

Explanation:

The adoption stage falls under the Change Management Continuum System educational process. This explains the change which has shown a significant or positive impact on the corporation.

The mental process by which a person moves from the first hearing about such an invention to actual adoption is the acceptance process for either a new product.

There are five stages are in the Adoption stage:

  • Product awareness
  • Product interest
  • Product evaluation
  • Product trial
  • Product adoption

Therefore, Option C is the right answer.

3 0
3 years ago
What is the correct sequence of the five phases in the sdlc
Mariana [72]

Answer:

the common sequence is

Explanation:

planning, analysis, design, implementation, and maintenance

4 0
3 years ago
Read 2 more answers
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