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xz_007 [3.2K]
3 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]3 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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Mirr, Inc. was incorporated on January 1, 2010, with proceeds from the issuance of $750,000 in stock and borrowed funds of $110,
murzikaleks [220]

Answer:  the correct answer is $ 885,000

Explanation:

Mirr began operations on January 1, 2010

Assets= Liabilities + Patrimony or owner's equity

$860,000 = $110,000+ $750,000

In the first year liabilities grew to $120,000 and patrimony increased to $765,000 which is $750,000 beginning balance + $18,000 ($82,000 revenues - $64,000 expenses) - $ 3,000 declared dividends.

So for December 31, 2010 the assets should be

$885,000 = $120,000 + $ 765,000.

4 0
3 years ago
Linda needs fresh fruits and vegetables so she decides to go grocery
jenyasd209 [6]

Answer:physiological

Explanation:

5 0
3 years ago
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The circumference of a circular track is 154m. Finid the diameter of the track​
Deffense [45]

Answer:

Diameter = 49 meters.

Explanation:

<u>Given the following data;</u>

Circumference of circle = 154m

To find the diameter;

<u>Method I.</u>

Circumference of circle = πD

We know that π = 22/7

154 = 22/7 × D

Cross-multiplying, we have;

154 × 7 = 22D

Diameter, D = 1078/22

<em>Diameter, D = 49 meters. </em>

<u>Method II.</u>

Circumference of circle = 2πr

Substituting into the equation, we have;

154 = 2πr

We know that π = 22/7

154 = 2 × 22/7 × r

Cross-multiplying, we have;

154 × 7 = 44r

1078 = 44r

Radius, r = 1078/44

Radius = 24.5m

But diameter = radius * 2

Diameter = 24.5 * 2

<em>Diameter = 49 meters.</em>

8 0
3 years ago
An assumption about cost flow is necessary:
Novosadov [1.4K]

Answer:

d. because prices usually change, and tracking which units have been sold is difficult

Explanation:

Cost flow assumptions is necessary because there is constant change of cost which is the experience of companies, also due to inflation. If there is a stable cost, cost flow would be inconsequential

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3 years ago
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The present economic system of the united states would be most accurately described as ________________________, while the prese
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The present economic system of the United States would be most accurately described as <u>free market economy</u> while the present economic system of China would be most accurately described as <u>socialist economic system</u> of China.

<h3>What is an economic system?</h3>

This refers to the method used by a society to produce and distribute goods and services depending on their goals and values.

<h3>Types of economic system:</h3>
  • Traditional economy: This means an economic system in which people produce and distribute goods according to customs handed down from generation to generation.
  • Command economy: This is an economic system in which the government makes all economic decisions.
  • Market economy: This is an economic system in which individual choice and voluntary exchange direct economic decisions
  • Socialism: This is an economic system in which the government owns some or all of the factors of production.
  • Communism: This is an economic system in which the government owns all the factors of production and there is little to no political freedom

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2 years ago
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