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Nataly_w [17]
3 years ago
13

Jason is a small business owner. he has a dry cleaning business. one year, jason has to replace nearly all of his equipment, and

the rent on his building increases. jason borrows money to cover his expenses. however, business is slow and jason eventually realizes that he must declare bankruptcy. neither jason nor his creditor wants the expense and hassle of going to court. they can settle their creditor-debtor relations outside of court through a:
Business
2 answers:
evablogger [386]3 years ago
8 0
They can settle their creditor debtor relations out of court through a WORKOUT.
A workout refers to an out of court arrangement in which a debtor and a creditor reach some agree about how the debtor is going to pay the creditor back.
tangare [24]3 years ago
8 0

Work-Out is the strategy, debtors use to payback loans or debts to the creditor.

Work-out in business terms means a way to ease the borrower by developing work-outs for the business customers when they are in difficulty.

In this example, Jason is about the file the bankruptcy, because he is unable to payback the loan he took to meet his expenses. But the creditor and he himself don't want to indulge in the court room hassles, so they develop work-outs for themselves to payback the credit Jason took to continue his business activities.

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Fred owns a small manufacturing plant. His friend Paul also owns a manufacturing plant and has talked to Fred about issues he ha
lara [203]

Answer: The correct answer is "a. You may have to tell your accountant to conduct reconciliations to ensure that the rates in the system make sense when compared to actual rates.".

Explanation: Paul should surely recommend that your accountant verify the rates applied in the accounting system have reliability and are correctly related to the actual rates and if not, perform the necessary reconciliations.

4 0
3 years ago
To compete in the automobile​ market, Tesla must make many strategic decisions such as whether to introduce a new car​ model, ho
bagirrra123 [75]

Answer:

Explained

Explanation:

At​ Tesla's Fremont, California​ plant, managers must decide on the monthly production quantities of their S and X models. In making this​ decision, the managers must face a trade-off, because producing more of one model means producing less of the other. So, there need to an optimum balance between production of model S and X and too will depend upon the demand in the market once, the variants are launched.

6 0
3 years ago
Mary jo spends $2,180 to buy stock in two companies. she pays $23 a share to one of the companies and $20 a share to the other.
Dahasolnce [82]
20was 40times. 23was 60times
5 0
3 years ago
Morgan Clinical Practice is considering an investment in new imaging equipment that will cost $400,000. The equipment is expecte
Ainat [17]

Answer:

$33,091.95

Explanation:

The net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be found using a financial calculator:

Cash flow in year 0 = $400,000

Cash flow each year from year 1 to 5 =$80,000

Cash flow in year 6 = $80,000 + $150,000 = $230,000

I = 10%

NPV = $33,091.95

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

8 0
3 years ago
Project managers frequently face competing constraints. Identify these common constraints and describe approaches that project m
gizmo_the_mogwai [7]

Answer: The common constraints faced by project managers are project scope, cost and time.

Explanations:

The three main constraints faced by project managers are the project scope, cost and time. These constraints affect the quality of a project. In high quality projects, the product is delivered within its scope at the required budget and on time.

The constraints are usually connected to one another. For example, an increase in the project scope will require an increase in cost and time. Also, accelerating the project timeline may lead to a reduction in the project costs but also lower the scope.

A trade off in project occurs when one constraint is reduced so as to increase another constraint. For trade-offs to be successful, project managers should take time to scrutinize the organization's objectives and the expectations of the project by using a structure that allows the project manager look at other options for the constraints and find the greatest balance among the constraints and organizational goals.

6 0
3 years ago
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