Answer:
$1.67 Million
Explanation:
Current asset = 15 Million
Current liabiltiy = 15 Million/3
= 5 Million
Let the inventory X can be purchased with short term debt without violation
per current ratio requirement
(15 + x)/5+x = 2.5
15 + x = 12.5 + 2.5x
2.5 = 1.5x
x = $1.67 Million
Therefore, $1.67 Million inventory can Baker purchase without violating its debt agreement if their total current assets equal $15 million
Answer: A. is required to draw up a petition listing all assets and liabilities.
Explanation:
Bankruptcy simply refers to the legal whereby an economic entity is unable to repay their outstanding debts. In this case, the individual or business will need to sell its remaining assets in order to pay the liabilities.
Due to the above reason, then the debtor will be required by the government to list all of their assets and the liabilities that it owns and this will be used in determining whether the obligation has been fulfilled or not.
The answer to the question is C
The lender is bearing the risk on defaulting the loan
Even-aged practices remove larger groups of trees than uneven-aged management practices.
Uneven-age management in forestry refers to a system of management that periodically selects individual trees or small groups of trees for harvest. In popular, the idea of choppy-age control involves the sustained yield of for- est products at the same time as preserving non-stop wooded area cover.
Even-aged stands are ones where the variety of tree a while inside a stand do not range via more than 20% or so. Plantation forests are the quality instance of even-aged stands, as often they've created the use of seedlings or clones from a common set of mother and father.
Large-scale natural disturbances, including wildfire, have evidently favored even-elderly stands of seral species with a gap carefully related to these disturbance types. An uneven-elderly stand is a mosaic of tiny even-elderly clumps and scattered individuals woven together thru a perpetual cycle of random disturbances.
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