Answer:
C. Bankruptcy is mentioned in the United States Constitution.
Explanation:
First, not most people are familiar with the process of bankruptcy unless they have to face the verge of bankruptcy in their business or working in law or regulatory fields dealing with bankruptcy business.
In the United States, bankruptcy is regulated by federal law. So that the answer bankruptcy is not regulated by federal law is also wrong.
In addition, bankruptcy case will only be heard in the federal court, so that the answer D is also wrong.
Lastly, United States Constitution does authorize Congress to enact laws related to bankruptcy in the United States.
=> So that C is the answer
Answer:
(B) adding all of the debits, adding all of the credits, and then subtracting the smaller sum from the larger sum
Explanation:
While calculating the closing balance of any account,
There includes two possibilities that the account might have debit balance or the account might have credit balance. And for computing this:
All the debits shall be accumulated and then their total shall be computed.
Similarly, all the credits shall be accumulated and their total shall be done.
Which ever is more then the account will have that nature of balance, accordingly the smaller shall be deducted from the larger one and the larger one will decide the nature of balance whether debit or credit.
IRR function for this problem is 7. 7% and invest in the project
<h3>What is
IRR function?</h3>
The Excel IRR function returns the internal rate of return (IRR) for a sequence of cash flows that occur at regular intervals. Determine the internal rate of return. Return was calculated as a percentage. =IRR (values, [guess])
IRR is the interest rate at which the sum of all cash flows equals zero, thus it is useful for comparing one investment to another. In the preceding example, if we substitute 8% with 13.92%, the NPV becomes 0, and your IRR becomes zero. As a result, IRR is defined as the discount rate at which a project's NPV becomes zero.
To know more about IRR function follow the link:
brainly.com/question/24301559
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Answer:
National income
Explanation:
Income method of gross domestic product (GDP) measurement is focused onto the accounting fact that almost all economic spending should be equivalent to the amount of revenue earned by the output of all consumer products and services.
This method also supposes that an economy has 4 major production determinants and all earnings must go to any of these 4 sources. Thus a simple calculation of the gross tangible value of commerce over a span could be made by combining all revenue sources.
Thus, from the above we can conclude that the correct option is C.
Answer:
investors
Explanation:
Internal users of accounting information are people within the organisation that make use of accounting information. They include - employees, managers and supervisors
External users of accounting information are people outside( people not employed by the organisation) the organisation that make use of accounting information. They include - investors, regulatory bodies, banks.
I hope my answer helps you.