Answer:
Property that was sold three years ago by the debtor(A)
Explanation:
Property that was sold three years ago by the debtor : Debtor has no legal claim on the property of the bankrupt.
Community property: This is also knows as marital property. It belongs to both partners in marriage. Community property is part of the bankruptcy estate, even if only one spouse files for bankruptcy.
Property transferred in a transaction voidable by the trustee : these are transactions that trustee can prove to be voidable and recover transferred assets back to the bankrupt provided it can be proven to have been improperly transferred.
Proceeds and profits from the property of the estate : These are income realized from the estate after trustee fee has been paid and other associated expenses.
Answer:
A. (1 – s)y.
Explanation:
Solow growth model describes how saving, population growth, and technological change affect output over time and describes changes in the economy over time.
In the Solow growth model, where s is the saving rate, y is output per worker, and i is investment per worker, consumption per worker (c) equals:(1 – s)y
Answer:
- <u><em>It is best for Jerilyn to use the $10 coupon when the value of the purchase is equal or lower than $66.67, and it is best to use the $10 coupon when the value of the purchase is greater than $66.67</em></u>
Explanation:
Assume the value of the purchase is P.
Then <em>15%</em> of P is 0.15P.
To obtain the maximum benefit from the <em>15% coupon</em>, <em>Jerilyn</em> should use it when the discount from it is greater than the discount from the $10 coupon. This is:
Divide both sides by 0.15:
If the value of the purchase is equal to $66.67 the total discount with any cuopon are equal; if it is lower than $66.67, the discount of the $10 coupon is greater.
Thus, you conclude that for a $66.67 purchase she should use the $10 cuopon and for a purchase greater than $66.67 she should used the 15% cuopon.
Answer:
the gain on retirement bond is $100,000
Explanation:
The computation of the gain or loss recognized on the bond retirement is shown below;
= Book value - paid at redemption
= ($1,500,000 + $157,500) - ($1,500,000 × 105%)
= ($1,657,500) - ($1,575,000)
= $100,000
hence, the gain on retirement bond is $100,000
The same is to be considered and relevant too
