Answer:
D. brings buyers and sellers together
Explanation:
Answer:
In a Chapter 11 bankruptcy, a class of creditors is considered to have accepted the bankruptcy plan when:
one-half of the class in number and two-thirds of the class in dollar amount agree.
Explanation:
In a Chapter 7 bankruptcy, the business assets are liquidated to pay the creditors. In a Chapter 11 bankruptcy, the business assets are not liquidated. Instead, the business is refinanced as the assets and debts are reorganized, making it possible for the continued existence of the business. This is the reason the agreement of the creditors are usually paramount in the decision to undergo a Chapter 11 bankruptcy, unlike a Chapter 7 bankruptcy.
Answer:
The most likely factor that this department store company would have considered in discontinuing its credit card operations is the issue of bad debt.
Bad debt may likely have prevented them from making the required profit to cater for the needs of the company such as payment of salaries and purchase of goods which if not treated may lead to the collapse of the company.
An unrealized gain of $5,412 from the change in the fair value of the debt.
<h3>How does general interest rate risk work?</h3>
Interest-rate risk (IRR) is the exposure of a financial institution to unfavorable changes in interest rates. Accepting this risk is common practice in the banking industry and can be a key driver of profitability and shareholder value.
Explanation:
Given that the bond's face value is $400 000
Bond selling price: $370,000
yield until maturity equals 12%
Bond has a fair value of $365,000.
Value shifted = $2,000
Net income and OCI are both included in comprehensive income.
To learn more about Interest-rate risk (IRR) refer to:
brainly.com/question/20715710
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