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Ann [662]
3 years ago
13

Dave has forty acres where he grows corn and soybeans. he also has five milk cows and some chickens. dave sells organic milk and

eggs at the local farmers' market. he also drives a school bus. most years, about 70% of dave's income is from his agricultural activities and 30% is from his school bus-driving job. if dave declares bankruptcy, he will file under:_______. a. chapter 13.b. chapter 12.c. chapter 1.d. chapter 7.
Business
1 answer:
laila [671]3 years ago
3 0

Answer:

B) chapter 12

Explanation:

Chapter 12 bankruptcy is a special reorganization bankruptcy procedure that applies for family farmers and fisherman only. It is very similar to chapter 13  bankruptcy but provides several additional benefits aimed at helping the farmers and fishermen restructure their debts to avoid foreclosures or liquidations.

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A grocery store has three open checkout lanes. On average, 45 shoppers arrive at these lanes per hour. The coefficient of variat
nadya68 [22]

Answer:

A.  

0.833

Explanation:

m = 3

Arrival rate, ra = 45 per hour

Service rate, re = 18 per hour per lane

Utilization factor = ra/(m.re)

                            = 45/(3*18)

                            = 0.833

Therefore, The utilization factor of the system is 0.833

6 0
3 years ago
You are the manager of a theater. At present the theater charges the same admisssion price of $8 to all customers, regardless of
Goshia [24]

Answer:

Explanation:

Provided that the demand is inelastic, there would be an increment in revenue.

Total revenue is calculated as the quantity of a good sold multiplied by its price.

There is a close interrelation between price elasticity of demand and total revenue, in the sense that they deal with the same two variables - which are price and quantity.

If the product has an elastic demand, revenue can be increased by decreasing the price of the good. Q will increase at a greater rate, while  P will decrease,  thereby, increasing the total revenue.

If the product has an inelastic demand, then the prices of goods can be increased and sold slightly less of that item but a higher revenue must be obtained.

7 0
3 years ago
What is demand? In your own word
pav-90 [236]

Answer:

Explanation:

Demand in business is the desire of consumers to purchase goods and services at the given prices.

5 0
2 years ago
Read 2 more answers
Justin Company's budget includes the following credit sales for the current year: September, $40,000; October, $51,000; November
zheka24 [161]

Answer:

$45,350

Explanation:

Follow the Company`s collection history to determine the November Cash Collection.

November Cash Collection :

Collected in month of sale - 15% x $45,000                       $6,750

Collected for 1st month after sale - 60% x $51,000         $30,600

Collected for 2nd month after sale - 20% x $40,000        $8,000

Total                                                                                     $45,350

Therefore,

The cash Justin can expect to collect in November is $45,350

7 0
3 years ago
Deltan corp. allocates overhead to production on the basis of direct labor costs. deltan's total estimated overhead is $450,000
svetlana [45]
Hi there
First find Predetermined oH rate
Predetermined oH rate is
total estimated overhead divided by
estimated direct labor

Predetermined oH rate=
450,000÷180,000
=2.5

the amount of overhead to be allocated to finished goods inventory if there is $20,000 of total direct labor cost in the jobs in the finished goods inventory is
2.5×20,000
=50,000. ...answer

Good luck!
8 0
3 years ago
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