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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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In the markets for factors of production, ____
Lelu [443]

Answer: In the markets for factors of production, "(B) households provide firms with labor, land, and capital.".

Explanation: Companies and households interact between 2 markets.

The market of goods and services: is one in which companies sell products and services to homes.

The market of productive factors: it is one in which households sell productive factors to companies so that they can produce goods and services.

8 0
3 years ago
The opportunity cost of holding money is ______.
Contact [7]

The opportunity cost of holding money is the interest forgone on an alternative asset.

<h3>What is asset?</h3>

An asset is any resource held or controlled by a business or economic entity in financial accounting. It is anything that has the potential to provide positive economic value. Assets represent ownership value that may be transformed into cash.

A business asset is something that has current or future economic worth to the company. In essence, assets for businesses encompass anything controlled and held by the company that is today valuable or has the potential to give monetary advantage in the future. Patents, machines, and investments are some examples.

Depreciation is the systematic distribution of an asset's depreciable amount throughout its useful life. The depreciable amount of an asset is equal to the asset's cost or another number substituted for cost, less its residual value.

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5 0
1 year ago
Banner Systems is a​ start-up company that makes connectors for​ high-speed Internet connections. Banner has budgeted three hour
NARA [144]

Answer:

572 Favorable

Explanation:

Direct Labour efficiency Variance:

= (Standard Labour Hour - Actual Labour Hour) × Standard Rate

= [(78 connectors × 3 hours of direct labor per​ connector) - (190 hours)] × $13 per hour

= [234 hours of direct labor - 190 hours] × $13 per hour

= 44 hours × $13 per hour

= $572 Favorable

Therefore, Banner's direct labor efficiency variance for​ August is $572 Favorable.

3 0
3 years ago
Accounts receivable from sales transactions were $45,323 at the beginning of the year and $67,072 at the end of the year. Net in
leonid [27]

Answer:

a.$121,375

Explanation:

Increase in account receivable means there is more credit sales were made during the year than the cash received from the customers. So, cash will be used in the period by account recivables.

According to indirect method cash flow will be adjusted as follows

Net Income                                            $143,124

Net Increase in Rceivables                  ($21,749)

( $67,072 - $45,323)                            <u>                 </u>

Cash Flow from Operating Activites   <u> $121,375</u>

8 0
4 years ago
Read 2 more answers
As a manager, Marcus is very conscious of how his subordinates feel about whether their work outcomes are as expected relative t
Nataly [62]

Answer:

equity

Explanation:

From the question we are informed about, Marcus who is a manager and very conscious of how his subordinates feel about whether their work outcomes are as expected relative to the effort and contributions they put in. This case is an example of the equity theory. Equity theory can be regarded as theory that base give explanation or allows to know if the distribution of particular resources is been fair to both involved relational partners.

To measure, Equity the ratio of contributions/cost is been compared with benefits/rewards outing

each person in consideration.

ratio of inputs to that of outcomes gives the structure of equity in a company.

4 0
3 years ago
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