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faust18 [17]
3 years ago
15

I really need to graduate HIGHSCHOOL PLEASE HELP ASAP. In a Chapter 7 bankruptcy, a debtor: A. is required to draw up a petitio

n listing all assets and liabilities. B. does not have to pay a filing fee. C. is absolved of alimony and child support payments. D. does not have to repay educational loans.
Business
2 answers:
Aleonysh [2.5K]3 years ago
8 0

The answer is: A. is required to draw up a petition listing all assets and liabilities.

During bankruptcy, the company need to sell of all of its remaining assets to paid of as much abilities that it can.

Because of this, the government require them to list all of assets and liabilities that it own. This would help the creditors determine whether the company already pay off all of its obligation to its maximum capacity.

Ivenika [448]3 years ago
6 0
A. is required to draw up a petition listing all assets and liabilities.
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The board of directors declared cash dividends totaling $160,000 during the current year. The comparative balance sheet indicate
Nikitich [7]

Answer: $164,300

Explanation:

Cash payments to stockholders shows the total amount that the shareholders of a company got during the year. It includes the money owed to them at the start of the year in addition to cash paid during the year.

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= 43,200 + 160,000 - 38,900

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3 years ago
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<h2>The given statement is false. </h2>

Explanation:

If the driver has set the phone to "do not disturb" then definitely the notification that he gets through various apps will be kept silent, calls will reach voice mail and we will be notified with missed calls and our screen will be blank when the call is received. But this do not disturb mode does not control the air-conditioning of the car or blocking the driver from changing the radio station.

It is found from a survey that the road accidents are more when the mobile usage of the driver is more. Many drivers though they know about the consequences, they still use mobile phones while driving.

6 0
3 years ago
Mitch, a single taxpayer, earns $100,000 in taxable income and $10,000 in interest from an investment in city of Birmingham Bond
Ivan

Answer:

The answer is: $18,289.50

Explanation:

The interest earned from the investment in Birmingham Bonds is not included in Mitch's gross income.

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3 years ago
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