Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer: c. Assess the current reality
Explanation:
The stage of the strategic management process does this represent is assess the current reality. This is done in order to ascertain where the company stands. At this stage, anything that could be done differently in order to maximize efficiency is done. Some of the tools that are being used to address current reality are SWOT analysis, Benchmarking and forecasting.
Makes one feel as if one did alot wrong
normally criticism highlights the bad but not the good
this makes the person feel as if everything they do it wrong and they are no good (feel free to expand)
Answer:
1. Bankruptcy, ___________occurs when a debtor turns over all assets to a trustee, an individual who takes over administration of the debtor's estate.
b. An automatic stay
2. The person defined as a debtor for liquidation purposes is
b. Individuals; Rodney can file.
3. If Rodney did not intend to file for voluntary liquidation, he could not be forced into bankruptcy. a. No, he must file the bankruptcy himself.
4. One benefit of filing is that once a petition is filed, the code provides for a(n) _______________for almost all creditor litigation against the debtor.
e. Automatic stay
5. If the filing of Rodney's voluntary petition is proper, the petition automatically becomes a(n):_____.
e. Order of relief.
6. A possible consequence of Rodney's failure to show up at a creditors meeting is:
b. The court may refuse to grant the bankruptcy
Explanation:
In bankruptcy practices, an order for relief invokes the automatic stay. It is a block on Rodney's debts which brings down the iron curtain, thus, separating Rodney's pre-bankruptcy from his post-bankruptcy. It automatically creates a bankruptcy estate, which prohibits all unauthorized transfers of the Rodney's property.
Answer:
Instructions are below.
Explanation:
Giving the following information:
Option 1:
$12,000 cash now
Option 2:
$900 every quarter for 4 years.
Interest rate= 8% compounded quarterly
We need to determine the present value of option 2.
First, we need to calculate the future value of the investment. We will use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= cash flow= 900
n= 4*4= 16
i= 0.08/4= 0.02
FV= {900*[(1.02^16)-1]} / 0.02
FV= $16,775.36
Now, we determine the present value:
PV= FV/(1+i)^n
PV= 16,775.36/(1.02^16)
PV= $12,219.94
It is more profitable to accept option 2. It provides the highest present value.