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xz_007 [3.2K]
2 years ago
15

Numerous customers of a bridal store lost their ordered and prepaid wedding gowns when the store locked its doors and declared b

ankruptcy. The court combined the disappointed​ brides' cases so that all of the matters seeking recovery from the failed store could be heard at once. This action by the court is known as​ __________.
Business
1 answer:
Kaylis [27]2 years ago
6 0

<u>Answer:</u> Consolidation

<u>Explanation:</u>

Courts have the authority to consolidate the cases which have common concern. Consolidated case also does not mean the court will not hear each appeal separately. As the facts of the case are similar that they have not received their prepaid wedding gowns due to the bankruptcy of the bridal store single hearing is placed by the court.

The consolidated cases at first remain the same way but the arguments of the attorneys may diverge the case while appealing. The disappointed brides should receive their compensation at once from the failed store here.,

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Homemade leverage is:
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Answer:

it's c cuz borrowing money is good

Explanation:

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Aligning a graphic relative to the _______ is usually the best choice because it ensures that you don't accidentally position a
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2 years ago
The most common approach to developing pro forma financial statements is called the cash budget method. financial planning metho
Len [333]

Answer:

The correct answer is letter "D": percent-of-sales method.

Explanation:

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7 0
3 years ago
Herman Company has three products in its ending inventory. Specific per unit data at the end of the year for each of the product
tekilochka [14]

Answer:

Explanation:

In this question, we apply the lower of cost or market (LCM) rule which is shown below:

For Product 1

The Cost is $20

And, the market value = Selling price - selling cost - normal profit margin

                                     = $40 - $6 - $5

                                     = $29

So, the lower value would be $20

For Product 2

The Cost is $90

And, the market value = Selling price - selling cost

                                     = $120 - $40

                                     = $80

So, the lower value would be $80

For Product 3

The Cost is $50

And, the market value = Selling price - selling cost - normal profit margin

                                     = $70 - $10 - $12

                                     = $48

So, the lower value would be $48

In the product 2, the replacement cost is 85 and the market value without considering the normal profit margin is $80 which is less than the replacement cost that's why we do not take the normal profit margin

5 0
2 years ago
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Veronika [31]

Answer:

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Explanation:

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3 0
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