The answer is b. 6
There are 6 types of bankruptcy outlined by title 11 of the United States Codes. Those cases are :
- Chapter 7
Bankruptcy governs the process of liquidation. Designed for debtors in financial difficulity who do not have the ability to pay their debt
- Chapter 9
Bankruptcy available exclusively for municipalities
- Chapter 11
Which designed for reorganization of a business
- Chapter 12
Similar to cahpter 11, but only apply for farmers and fishermen
- Chapter 13
Which designed for debt rehabilitation
- Chapter 15
If the bankruptcy case involve some assets that was spread across the country
The answer is D. Neither A or B
Answer: See explanation
Explanation:
a. . Compute the sales for November.
This will be:
= ($96,000 - $78,800) / 10%
= $17200 / 10%
= $17200/0.1
= $172,000
b. Compute the sales for December.
This will be:
= $78800 / (10% + 30%)
= $78800 / 40%
= $78800 / 0.4
= $197000
c. Compute the cash collections from sales for each month from January through March.
January cash collection:
= ($172000 × 10%) + ($197000 × 30%) + ($135000 × 60%)
= $17200 + $59100 + $81000
= $157300
February cash collection:
= ($197000 × 10%) + ($135000 × 30%) + ($152000 × 60%)
= $19700 + $40500 + $91200
= $151400
March cash collection:
= ($135000 × 10%) + ($152000 × 30%) + ($167000 × 60%)
= $13500 + $45600 + $100200
= $159300
<u>Answer:</u> The capitalization rate is 12.5 %
<u>Explanation:</u>
To calculate the capitalization rate, we use the formula:
We are given:
Net operating income = $ 43,750
Value of property = $ 350,000
Putting values in above equation, we get:
Hence, the capitalization rate is 12.5 %
Answer:
if there is more and more of something, it has less demand
Explanation: hope this helps!
