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Sliva [168]
3 years ago
8

Jerry lives in New Mexico and makes $52,000 a year. If the median annual income in New Mexico is $53,731 and the median annual i

ncome in the United States as a whole is $50,233, is Jerry likely to qualify for Chapter 7 bankruptcy?
Business
2 answers:
Tom [10]3 years ago
7 0

Answer:

Yes, Jerry is likely to qualify for Chapter 7 bankruptcy

Explanation:

A requirement to qualify for Chapter 7 bankruptcy is to have an income that is below the median level in the state that the person lives. So, considering that the median annual income in New Mexico is $53,731 and Jerry makes $52,000, he is likely to qualify for Chapter 7 bankruptcy.

daser333 [38]3 years ago
4 0
Yes, Jerry is likely to qualify, since his yearly income is below the median annual income of New Mexico.
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Which of the following fraudulent activities most likely could be perpetrated due to the lack of effective internal controls in
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Answer:

C. The write-off of receivables by personnel who receive cash permits the misappropriation of cash.

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3 years ago
During the elaboration stage of an organization: Group of answer choices change management is the most important skill that huma
Leno4ka [110]

Answer:

change management is the most important skill that human resource personnel contribute.

Explanation:

Elaboration stage of an organisation is also called the maturity stage. It is characterised by different units being involved in making decisions.

This slows down speed of decision making.

At this stage there is a need for revitalisation and change in order to make the organisation more efficient.

Change management is the process by which employees in an organisation are prepared and supported when there are far reaching improvements to organisation structure.

It ensures a smooth transition by providing needed information and reducing the stress associated with organisational change.

This is a key skill needed by human resource personnel fusing the elaboration stage

7 0
2 years ago
Assume that Speedboat Company has beginning finished goods inventory of $10,000; ending finished goods inventory of $150,000; go
gtnhenbr [62]

Answer:

$60,000

Explanation:

The movement in finished goods balance between the beginning and end of a period is due to the cost of goods sold and goods manufactured. This may be expressed mathematically as;

Opening balance + manufactured goods - cost of goods sold - other write-offs = closing balance.

where there are no other write-offs,

$10,000 + $200,000 - cost of goods sold = $150,000

Cost of goods sold = $10,000 + $200,000 - $150,000

= $60,000

7 0
3 years ago
Many entire vocations in the United States have disappeared in the last few decades. Which of the following is a possible explan
neonofarm [45]

Answer:

C,D

Explanation:

I guess..

btw not sure :)

6 0
3 years ago
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