Answer:
The statement is: True.
Explanation:
Bankruptcy<em> </em><em>is the legal state of a person or company which has become permanently insolvent or, in other words, incapable of repaying unpaid debts on time.</em> Although there are several forms of bankruptcy filings, this procedure is intended to determine a structured and equitable settlement of debt obligations.
Bankruptcy proceedings may start with a petition filed by a borrower or when a petition is filed on behalf of a company's creditors.
Answer:
The investment in Son Corp. should be reported on Pops' December 31, 2018 balance sheet at $1,920,000 ($10 * 192,000).
Explanation:
There is no indication that the fair price of the shares of Son Corp. has changed from its original cost of $10. Therefore, the investment in Son Corp. can only be reported on the balance sheet of Pops' at the cost price on acquisition. But, assuming that the price has fluctuated over the period, the investment would have been valued at the current market price multiplied by the number of shares.
Answer:
a. in our model of the loanable funds market, we define "loanable funds" as the flow of resources available to fund private investment.
Explanation:
Given that, government budget deficit is a term that describes a situation whereby the amount of government expenses is greater than the amount of government revenue over a given period of time. And at the same time, the loanable fund is the money available to find private investment
Hence, the right answer to the question is option a. in our model of the loanable funds market, we define "loanable funds" as the flow of resources available to fund private investment. Because, the insufficient revenue, will lead to little or no availability of resources to find private investment.
Answer:
b, guide project execution
Explanation:
The main purpose of project plans is to guide project execution from start to finish. Project plans are formal, approved documents that is put together that details the processes, steps, resources, etc that is needed to bring a project to life. Project plans is also useful for project control.
Cheers.
Burn it! (Lol IDK if this question was serious)