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timurjin [86]
3 years ago
11

A central question that must be addressed in bankruptcy proceedings is whether the firm's inability to meet scheduled interest p

ayments results from a temporary cash flow problem or from a potentially permanent problem caused by falling asset values. True False
Business
1 answer:
dexar [7]3 years ago
6 0

Answer:

The statement is: True.

Explanation:

Bankruptcy<em> </em><em>is the legal state of a person or company which has become permanently insolvent or, in other words, incapable of repaying unpaid debts on time.</em>  Although there are several forms of bankruptcy filings, this procedure is intended to determine a structured and equitable settlement of debt obligations.

Bankruptcy proceedings may start with a petition filed by a borrower or when a petition is filed on behalf of a company's creditors.

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Cars typically loss the most value in the first year after purchase
uranmaximum [27]
SORRY I NEED MORE INFO what exactly are you looking for?
5 0
3 years ago
A stock sells for $6.99 on December 31, providing the seller with a 6% annual return. What was the price of the stock at the beg
Dimas [21]

Answer:

Correct option is 6.59

Explanation:

Selling price of stock at the end of the year is $6.99. Annual return rate is 6%. Price of stock at the beginning will be present value of stock valued at the end discounted at 6%. Computation is as shown below:

Present\ value\ or\ price\ of\ stock = Selling\ price\left ( \frac{1}{1+i} \right )^{n}

= 6.99\left ( \frac{1}{1+0.06} \right )^{1}

= \frac{6.99}{1.06}

= $6.59

Therefore, Stock's price in the beginning of the year is $6.59.

6 0
3 years ago
What are three key pieces of information that you can retrieve from the new car labels?.
andreev551 [17]

The  three key pieces of information that you can retrieve from the new car labels are: exterior and interior color, engine and transmission combination, the model year and trim level of the vehicle.

<h3>What is labels?</h3>

Labels can be defined as a paper attach to a products or an item that contain information which help to describe a  products.

Them three key pieces of information that a person can tend to  retrieve from the new car labels are:

  • Engine and transmission combination
  • Exterior color and interior color
  • Car model year and trim level of the vehicle

Learn more about labels here:brainly.com/question/27992495

#SPJ1

4 0
2 years ago
Indirect costs occur when
nikklg [1K]

Answer:

The answer is A. resources are shared by more than one product or service.

Explanation:

Indirect cost are costs that are not directly related or traced to any product or activity. They are shared or used by more than one activities. Examples include, Adminstrative expenses, advertising expenses, telephone expenses, rent, office expenses etc.

Like direct cost, indirect cost can be fixed or variable.

Indirect costs are used by business as a whole and not just limited to a particular product.

Option B is not correct. Cost that are directly traced or related to a product is known as direct material. For example, direct labour and direct material used to produce a particular good.

Option C and D are also wrong

5 0
3 years ago
Suppose that there are no storage costs for crude oil and the interest rate for borrowing or lending is 5% per annum. How could
mario62 [17]

Answer:

$4.50

Explanation:

In order to make a profit from the futures contracts, it would be appropriate to take a long position in the  June futures contract(buy) and take a short position in the December futures contract.

The investor would borrow $60 today which would necessitate paying back $60 plus a half-year in interest payment.

loan repayment=$60*(1+5%/2)=$ 61.50  

In December, sell crude oil at $66 and repay the loan principal and interest

profit=$66-$61.50=$4.50

5 0
3 years ago
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