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frutty [35]
3 years ago
10

The claims of creditors against the assets are

Business
1 answer:
miv72 [106K]3 years ago
7 0
The answer is definitely c. The business is liable to the creditor for the amount that is owed.
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Maria, a certified financial planner, must also be a licensed attorney to be appointed Trustee of a bankruptcy estate. A. True B
seropon [69]

Answer: False

Explanation:

Bankruptcy Trustees are usually lawyers and this is why people think that they must always be lawyers but this is not the case.

The United States Trustee who is an officer of the Department of Justice and the one in charge of appointing Bankruptcy Trustees, can appoint a person other than a licensed attorney to be the representative of an estate for bankruptcy related matters (trustee) such as accountants or financial planners.

6 0
2 years ago
Why is a w-2 form so important
amm1812

Answer:

The IRS requires employers to report wage and salary information for employees on Form W-2. Your W-2 also reports the amount of federal, state and other taxes withheld from your paycheck. As an employee, the information on your W-2 is extremely important when preparing your tax return.

7 0
2 years ago
The seller of product a has no idle capacity and can sell all it can produce at $60 per unit. outlay (variable) cost is $12. wha
Marrrta [24]

The answer is $48.

The seller of product a has no idle capacity and can sell all it can produce at $60 per unit. outlay (variable) cost is $12. $48 is the opportunity cost, assuming the seller sells internally

It is calculated as follows:

Opportunity cost= Production cost- Outlay cost

                             = 60-12

                               =$48

Opportunity costs represent the potential benefits which any individual or investor, or  any business misses out on when choosing one alternative over another.

Because the opportunity costs are generally unseen by definition, they can be easily overlooked. Understanding of the potential missed opportunities when any business or any individual chooses one investment over another investment allows for better decision making.

To know more about opportunity cost here:

brainly.com/question/13036997

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5 0
2 years ago
Elaborate on the meaning of contemporary socio-economic issues.​
saul85 [17]

Answer: See explanation

Explanation:

Contemporary Socio-economic issues are the challenges that are faced by the society. It should be noted that these problems and challenges have s negative impact on the economy and the society as a whole.

Some of the contemporary socio-economic issues that are faced by the society are poverty, corruption, illteracy, unemployment, etc.

These issues poses a challenge to the government and government seek ways to address them.

4 0
3 years ago
Charlotte is trying to measure her salon's productivity during the first quarter. For this period, she should divide ________ by
IRISSAK [1]

Answer:

the total salon services and products sold

Explanation:

Productivity can be regarded as ratio of output volume to that of the volume of inputs. It give the measurements of

production inputs efficiency, these input could be labour, capital. Productivity helps to know how these inputs are been used in production of given level of output in economy.

7 0
2 years ago
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