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Eduardwww [97]
3 years ago
14

Which of the following situations describes a person who could be insolvent?a.Assets $56,000; annual expenses $60,000b.Assets $7

8,000; net worth $22,000c.Liabilities $45,000; net worth $6,000d.Assets $40,000; liabilities $55,000e.Annual cash inflows $45,000; liabilities $50,000
Business
2 answers:
makkiz [27]3 years ago
6 0

Answer:

Assets $40,000 , Liabilities $55,000

Explanation:

Insolvency occurs when a company is not able to continue operation into a foreseeable future as a result of not being able to meet up with its financial obligation.

At this point . assets are sold to pay the creditor and the company is de- registered .

One useful tool of evaluating this is gearing ratio. Gearing ratio compares the company's asset to its liabilities to reveal its degree of reliance on borrowed fund.Ratio less than 25% seems good while ratio higher than 50% is bad.

The only information that compares the assets to liabilities in the question gives the assets as $40,000 and liabilities as $55,000.Gearing ratio = 40,000/55000= 0.72 = 72%.

Any ratio higher than 50% is a bad signal

max2010maxim [7]3 years ago
3 0

Answer:

d.Assets $40,000; liabilities $55,000

Explanation:

Insolvent: When the person is not able to pay its debts. The maximum money will be recovered from his estates as the person is not in the position to pay its dues.  

From the above options, option d is the most appropriate option as the liabilities consisted of a large amount whereas the asset values are of less amount.

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Using an example, explain the relationship between human resources and business objectives.
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Answer:

Human resources are critical in achieving business objectives. The humans carry out the actions and strategies to achieve business objectives. An example would be a baseball team needing players to achieve its goals.

Explanation:

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Marsha’s Pet Store employs six employees. Their duties are to sell pets, replenish the stock, keep the pets’ cages clean, feed t
Gemiola [76]

Answer: True.

Explanation:

People sometimes have a tendency of doing only what they are told to do or only what they are paid for. This is why most people who progress in a company do so on the basis of having done work that was not in their description, but would have helped the company progress.

It would appear that Marsha's 6 employees are all of the caliber of employees who just do what they are told and nothing more.

For this reason therefore, she would include a stipulation changing the scheme to include careful performance of the other duties before any sales commission can be earned. This way they'll start to do those other things since they are now paid to do so.

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The Ascent, a mountain bicycle manufacturer, has been in the bicycle industry for a year now. The CEO wishes to better the compa
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Answer: e. generating alternative goals and plans.

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Here, the CEO wants to increase the sales of the company and in an attempt to do that he's considering different alternatives in order to know and decide which one will be best for the company to undertake. This means he is generating alternative goals and plans.

Options A-D are wrong as the CEO isn't monitoring, controlling or implementing any plan. Option E is the right answer.

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Check out this app! It's millions of students helping each other get through their schoolwork. https://brainly.app.link/qpzV02Ma
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nope im not going to the link sir im not fkn stu.pid

Explanation:

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Answer: $9,000

Explanation:

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This is higher than the average weekly trading volume over the preceding 4 weeks so this is the maximum permitted sales figure.

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