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
Brums [2.3K]
3 years ago
15

What is a liquidation policy

Advanced Placement (AP)
2 answers:
Juliette [100K]3 years ago
6 0

Answer:

Liquidation of a business involves selling all of the firm's fixed assets (such as machinery, properties and inventory), thus liquidating its assets. Upon repayment of the company's debt, any profits are paid to the company's owner. Upon liquidation, the company ceases to exist.

Liquidation of a business can be done as voluntary liquidation initiated by the business owners or as forced liquidation which can be initiated by public authorities if the company does not comply with the legislation, such as timely filing of the annual report.

morpeh [17]3 years ago
4 0

In finance and economics, liquidation is an event that usually occurs when a company is insolvent, meaning it cannot pay its obligations as and when they come due. The company's operations are brought to an end, and its assets are divvied up among creditors and shareholders, according to the priority of their claims.
You might be interested in
Can anyone help me please....
Norma-Jean [14]
In my opinion it is C
8 0
3 years ago
Which componets are part of all scientific investigations
ozzi

Which components are part of all scientific investigations?

Check all that apply.

scientific question

hypothesis variables

control procedure

conclusion

Answer:

Conclusion

control procedure

scientific question

Explanation:

A Scientific method/investigation is simply the steps that are taken in order to find or get new material or new information that will upgrade already existing information or make it better understood.

The components of a scientific investigation/method are conclusion, control procedure, and scientific question because they are involved in the scientific process of obtaining new information.

8 0
3 years ago
Which of these is NOT a criticism of the concentric zone model?
omeli [17]
The second one is not a criticism
3 0
3 years ago
Joe earns $52,000 per year, and his income tax rate is 15%. Sally earns $75,000 per year, and her tax rate is 25%. This income t
Airida [17]

Answer:

B- The ability to pay principle

Explanation:

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

In this scenario, Joe earns $52,000 per year, and his income tax rate is 15%. Sally earns $75,000 per year, and her tax rate is 25%. Therefore, this income tax is based on the ability to pay principle of fairness.

The ability to pay principle can be defined as an economic principle which states that, an individual should be made to pay his or her tax based on the level of burden of a tax rate with respect to the level of income. Therefore, an individual who earns more income would pay more tax because they have the ability to pay more.

Hence, the ability to pay principle measures an individual's wealth and financial income. Just like progressive taxation, it involves charging individuals having higher incomes a higher percentage of their total income.

8 0
3 years ago
The Korean War (1950–1953) marked the first time that
Nitella [24]
The Korean War (1950-1953) marked the first time that the United Nations used military force to oppose aggression. 
6 0
3 years ago
Read 2 more answers
Other questions:
  • A 3/b=c solve for chow would i solve this to get c?
    11·1 answer
  • Why is it considered bad manners to leave the Subject field blank?
    15·1 answer
  • A sandwich shop sells 4 veggie subs for every 5 turkey subs. The shop sold 27 subs today. How many of each kind did they sell?
    13·1 answer
  • which of the following continuities in the development of African states in the period circa 1200-1450 most likely explains the
    5·1 answer
  • How many years is the car first worth more than 1800
    13·1 answer
  • 100 POINTS PLEASE HELP ASAP PLEASE 3 MORE MINUTES HELP!!!!!!!!!!!!!!!!
    6·2 answers
  • Isulat sa patlang Ang inilalarawan Ng bawat pangungusap​
    15·1 answer
  • Gawain sa Pagkatuto Bilang 6
    8·2 answers
  • Using resources that could bring immediate benefits
    10·1 answer
  • How long does it take for your hair to grow 4 inches
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!