1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.
You might be interested in
An increase in the real interest rate results in which of the​ following? A. an increase in the demand for loanable funds B. a d
irakobra [83]

Answer:

B. a decrease in the demand for loanable funds.

Explanation:

An increase in the real interest rate will result in a decrease for the loanable funds.

Loans act as a fund that is an amount of money borrowed by the companies to be utilized for the running of the business. Interest is the amount payable at a certain rate on the amount borrowed in the form of loans. Loans are generally provided by either the banks or the financial institutions to the public or even companies.

The higher the rate of interest the lesser the demand for loans is there. Interest is charged on loans because it is a facility given.

6 0
3 years ago
Read 2 more answers
How do consumers indirectly create manufacturing waste?
kari74 [83]
Although consumers do<span> not directly produce </span>waste<span> from </span>manufacturing<span>, they </span>indirectly create<span> it by purchasing products that have been </span>manufactured<span>. Hope this answers the question. Have a nice day. Feel free to ask more questions.</span>
8 0
3 years ago
Kirkwood acquires 100 percent of the outstanding voting shares of Soufflot Company on January 1, 2018. To obtain these shares, K
lesya [120]

Answer:

$555,000

Explanation:

Calculation for the amount that will be reported for consolidated cash after the acquisition is completed

Cash at Kirkwood Inc $475,000

(900-400-15-10)

Add Cash at Soufflot Company $80,000

Consolidated cash after acquisition is completed $555,000

Therefore the amount that will be reported for consolidated cash after the acquisition is completed will be $555,000

4 0
3 years ago
What is economic growth
goblinko [34]
Hey there!

(economic) growth is when the country or the city is more wealthy in money. This would mean that there are not lacking in making this city or ect, look good, they have food to eat, water, and this is what make a economic city place look good. It is also when places have money to use on other thing's as a skating rink or things of that case.
3 0
3 years ago
Read 2 more answers
Veronica Mars, a recent graduate of Bell’s accounting program, evaluated the operating performance of Dunn Company’s six divisio
Nat2105 [25]
You expect me to answer this
3 0
3 years ago
Other questions:
  • Internal Rate of Return Richins Company produces automobile engine parts. The company is examining the possibility of investing
    7·1 answer
  • Which step in developing a mission statement requires you to think about who is affected by your organization and how they might
    6·1 answer
  • Assume there are two people in a society. Person A is willing to pay $140 to have one unit of a public good produced and Person
    6·1 answer
  • X-Mart purchased $300 of merchandise and paid immediately. Demonstrate the journal entry to record this transaction, assuming th
    9·1 answer
  • A process that produces computer chips has a mean of .04 defective chip and a standard deviation of .003 chip. The allowable var
    8·1 answer
  • Which of the following is not a function of prices in a market system? Group of answer choices Prices send signals to buyers and
    12·1 answer
  • How am I still single.
    14·1 answer
  • `927487658732478597349579-3489812o798-1265946582399749-82635-`221-976489-6128-`6-495465487561298576087
    15·2 answers
  • What is a way Virtual Reality can be used in the construction industry?.
    13·1 answer
  • You are bullish on Telecom stock. The current market price is $40 per share, and you have $8,000 of your own to invest. You borr
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!