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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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​ Jim saw a decrease in the quantity demanded for his firm’s product from 8000 to 6000 units a week when he raised the price of
Delicious77 [7]

Answer:

The demand for Jim’s product is elastic

Explanation:

In this question, we are to calculate the price elasticity of demand for the product.

We proceed as follows;

The formula for calculating elasticity of demand is

e = [(Q2 - Q1) / {(Q1 + Q2) / 2}] / [(P2 - P1) / {(P1 + P2) / 2}]

Here, Q2 = 6000

Q1 = 8000

P2 = $250

P1 = $200

e = [(6000 - 8000) / {(8000 + 6000) / 2}] / [($250 - $200) / {($200 + $250) / 2}]

e = [(- 2000) / 7000] / [(50 / 225]

e = - 1.3

That means absolute value of e is 1.3.

So, as the absolute value of e is more than 1 (i.e., 1.3), that means the demand for the product is elastic.

6 0
2 years ago
Read 2 more answers
When firms promote products to their own employees as part of an internal marketing effort, they are using a ______.
Anna007 [38]

Answer: pushing approach

                                 

Explanation: Push marketing refers to a sales technique in which corporations try to bring their products and services to consumers. The word push comes from the belief that advertisers are trying to push buyers towards their goods.

Common marketing tactics involve attempting to sell goods to directly to customers through corporation dealerships and bargaining with vendors to sell their goods to them, or setting up point-of-sale exhibits. To return for this greater visibility, these merchants may sometimes receive extra selling rewards.

Thus, from the above we can conclude that the correct answer is pushing strategy.

6 0
3 years ago
How can the Federal Reserve fight recession? A. Lower taxes B. Raise interest rates C. Raise taxes D. Lower interest rates
nordsb [41]
Lower interest rates- D
7 0
2 years ago
Read 2 more answers
why do skilled and professional workers generally receive higher wages than unskilled and semiskilled workers
Zina [86]
Hello!

Skilled and professional workers generally receive higher wages than unskilled and semiskilled workers because there are more demand and less offer for this kind of workers. 

To be a skilled or professional worker, extensive training and education are needed. To get this kind of training, there are personal investments in time and money that are needed to be made. Not everyone is willing to invest time and money in education, and some people can't do it for personal reasons.

That means that the amount of skilled and professional workers is lower than the number of unskilled ones. When there is reduced offer of a good or service, the price increases. That causes the wages for this kind of worker to be higher.

Have a nice day!
5 0
3 years ago
Read 2 more answers
PROJECT: UNDERSTANDING THE TENDER OFFER Find one tender offer that was published within the last year and use it to answer the f
Mrrafil [7]

Answer:

The COCA-COLA company

7 0
3 years ago
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