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2 years ago

what does it mean when you file for bankruptcy and why would it be on your credit report? please somebody help. due tonight

1 answer:

8 0

When you file for bankruptcy it's for individuals and companies when they can no longer pay their bills. from there it is decided if their debt will be relieved or if they HAVE to pay. it will be on your credit because if you want to purchase a house or a car they seller needs to know the history of the person or company

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Charleston Corporation operates a branch operation in a foreign country. Although this branch operates in euros, the U.S. dollar

dimulka [17.4K]

Answer: Remeasurement loss of $‭21,970

Explanation:

The figures will have to be converted from Euros to US$ for the calculation.

The relevant exchange rate will be the rate on the date of the transaction.

Amount Exchange rate $Amount

Opening cash 528,000 1.14 ‭601,920‬

Increase in Cash assets:

Sale of inventory 160,000 1.20 192,000

688,000 793,920‬

Decrease in cash assets:

Acquisition of warehouse 300,000 1.14 (342,000)

Purchase of inventory 100,000 1.18 (118,000)

Transfer to parent 10,000 1.18 (11,800)

Ending net cash assets 278,000 ‭ 322,120‬

Remeasurement gain(loss) at 31 December = Ending net cash assets at current rate - Ending net cash assets

= (278,000 * 1.08) - 322,120

= ‭300,240‬ - 322,120

= ($21,970)

<em>Options are not for this question. </em>

7 0

2 years ago

The goal of total quality management (TQM) is to:a) outsource manufacturing tasks to overseas businesses.b) offer customers more

Greeley [361]

Answer: Option D

Explanation: In simple words, it refers to an implemented structure under which every employee of the organisation works to maintain high standards of performance in every aspect of the operations.

In other words, it refers to the organisation wide efforts under which all employees works for the betterment of the organisation.

Hence from the above we can conclude that the correct option is D.

5 0

2 years ago

Determine the value of the investment at the end of 5 years. Write a function f that determines the value of the investment (in

Fofino [41]

Complete Question:

Suppose that $1500 is invested in an account with an APR of 3.1% compounded continuously. Determine the value of the investment at the end of 5 years. Write a function that determines the value of the investment in terms of the number of years , since the investment was made. What is the annual percent change for the account?

Answer:

Function that determines the value of the investment f(t) = 1500 exp(rt)

Investment after 5 years, f(5) = $1751.49

Annual Percent change = 3.14%

Explanation:

Function that determines the value of the investment

Initial amount invested, f₀ = $1500

f(t) = f₀ exp(rt)

f(t) = 1500 exp(rt)

r = 3.1% = 3.1/100 = 0.031

f(t) = 1500 exp(0.031t)

Value of the investment at the end of 5 years:

f(5) = 1500 exp (0.031 *5)

f(5) = $1751.49

c) Annual Percentage Change for the account

Get the increase in investment after one year

f(1) = 1500 exp(0.031)

f(1) = $1547.23

Annual Percent yield = [(New Investment - Original investment)/ Original investment] * 100%

Annual Percent yield = [(1547.23 - 1500)/1500] * 100%

Annual Percent yield = (47.23/1500) * 100

Annual Percent yield = 3.14%

7 0

2 years ago

Painting expenses is debit or credit

miss Akunina [59]

Answer:

Debit

Explanation:

If its not a house or a big invesment into a buisness it is debit

3 0

1 year ago

Read 2 more answers

A production line has three machines A, B, and C, with reliabilities of .99, .96, and .93, respectively. The machines are arrang

Lina20 [59]

Answer: plan B is better

Explanation:

Machines _____reliability

__A__________ 0.99

__B__________ 0.96

__C__________ 0.93

Backup machines A, B, C also have similar probabilities :

PLAN 1:

P(success) = 0.99 * 0.96 * 0.93 = 0.8839

P(line fails) = 1 - 0.8839 = 0.1161

P(backup) = 0.99 * 0.96 * 0.93 = 0.8839

P(success) + [p(line fails) * p(backup)]

0.8839 + (0.1161 * 0.8839)

0.8839 + 0.10262079

= 0.9865

Plan B:

Backup is provided for each machine ;

P(success) + [p(line fails) * p(backup)] for each of machine A, B and C

Machine A:

0.99 + (1 - 0.99)*0.99 = 0.9999

Machine B:

0.96 + (1 - 0.96)*0.96 = 0.9984

Machine C:

0.93 + (1 - 0.93)*0.93 = 0.9951

A*B*C = 0.9999 * 0.9984 * 0.9951 = 0.9934

Plan B has greater probability of success.

2.) plan A provides a central or one single backup option should any of the machines fail. However, plan B provides separate backup options for each of machines A, B and C.

3.) choosing a plan may also depend on the cost of providing each backup plan.

3 0

2 years ago