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True [87]
3 years ago
8

If you ever need to file for bankruptcy, you should get the help of...

Business
2 answers:
mina [271]3 years ago
6 0
The awnser is A.) 
I have done research and all ive seen is to get the court to file bankruptcy
Olenka [21]3 years ago
3 0
A is correct answer.

If you ever need to file for bankruptcy, you should get the help of a judge/financial advisor.

Hope it helped you.

-Charlie
You might be interested in
The Righter Shoe Store Company prepares monthly financial statements for its bank. The November 30 and December 31, 2016, trial
dlinn [17]

Answer:

purchase of supplies 5,600

insurance expense      2,300 debit

           prepaid insurance            2,300 credit

Explanation:

(1) What was the cost of supplies purchased during December?

invneotry identity:

beginning supplies + purchase = ending supplies + expense

the left side are the input. The supplies could come from previous prior or be pruchase.

The right side the outputit could be consumer or kept at stock

3,100 + p = 4,600 + 3,600

purchase = 4,600 + 3,600 - 3,100 = 5,100

(2) What was the adjusting entry recorded at the end of December for prepaid insurance?

beginning insurance 7,600

ending insurance     (5,300)

adjustment:                2,300

there was insurance expired for the value of 2,300

6 0
2 years ago
For 2012, Everyday Electronics reported $22.5 million on sales and $18 million of operating costs (including depreciation). The
sammy [17]

Answer:

$1,575,000

Explanation:

Net operating profit before taxes:

= Sales - operating costs

= $22,500,000 - $18,000,000

= $4,500,000

Net operating profit after taxes:

= Net operating profit before taxes - Taxes

= $4,500,000 - ($4,500,000 × 0.35)

= $4,500,000 - $1,575,000

= $2,925,000

Economic Value Added:

= Net Operating Profit After Taxes - (Operating Capital × Weighted Average Cost of Capital)

= $2,925,000 - (15,000,000 × 9%)

= $2,925,000 - $1,350,000

= $1,575,000

3 0
3 years ago
What are closing costs?​
I am Lyosha [343]

Answer:

fees paid at the end of a real estate transaction.

4 0
3 years ago
A company reported the following financial information: Taxable income for current year $120,000 Deferred income tax liability,
Inessa05 [86]

Answer:

$41,000

Explanation:

Calculation to determine The current-year's income tax expense amount

First step is to calculate the current tax expense

Current tax expense=$120,000 taxable income × 35% tax rate

Current tax expense=$42,000

Second step is to calculate the deferred income tax liability increased

Deferred income tax liability=$55,000-$50,000

Deferred income tax liability=$5,000

Third step is to calculate the deferred income tax asset increased

Deferred income tax asset=$16,000-$10,000

Deferred income tax asset=$6,000

Now let calculate the current year's income tax expense

Current year's income tax expense = $42,000 + $5,000 - $6,000

Current year's income tax expense=$41,000

Therefore Current year's income tax expense is $41,000

3 0
3 years ago
Kimberley Mayfield recently evaluated her subordinate's progress report. She now plans to inform her about the objectives she di
stellarik [79]

Answer: behavioral

Explanation: The tendency in an individual that make him behave in a certain way in a particular situation is called the behavioral component of his attitude. It depicts the intention of a person.

In the given case, Kimberley wants to inform her subordinate what she has not achieved and also advice her how she can improve. This shows that she has a developing instinct and leadership quality in her.

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

7 0
3 years ago
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