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3 years ago

A Chapter 7 bankruptcy proceeding is formally commenced by the _____.

Business

1 answer:

leonid [27]3 years ago

3 0

Answer:

filing a petition

Explanation:

A petition is a formally written request by an individual or group of persons to an authority concerning a certain issue.

In the case of bankruptcy, a petition has to be written before it can be proceeded on by appropriate authorities. In chapter 7 bankruptcy, assets are usually turned over by the court to a person or firm of the courts choice to manage and see about paying back creditors.

I hope this helps.

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Suppose your nominal income this year is 5 percent higher than last year. if the inflation rate for the period was 3 percent, th

Lisa [10]

C. increased by 2 percent

5 - 3 = 2

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3 years ago

You are trying to concentrate during an examination but you get distracted by the sound of another student tapping her pencil on

sergejj [24]

Answer:

a. Selective attention/comprehension

Explanation:

Selective attention/comprehension -

It refers to some specific external factors , which alerts someone's attention , is referred to as Selective attention/comprehension .

The factors can be some external factors like some specific words , activities , situation etc.

Hence , from the given scenario of the question ,

The students gets distracted by the sound of the pencil on desk .

The correct answer is a. Selective attention/comprehension .

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3 years ago

Sharp Screen Films, Inc., is developing its annual financial statements at December 31, current year. The statements are complet

Aloiza [94]

Answer and Explanation:

The preparation of the cash flow statement using the indirect method is as follows:

Cash flow from operating activities

Net income $44,450

Add: depreciation expense $14,450

Add: decrease in account receivable ($18,150 - $24,750) $6,600

Less: Increase in merchandise inventory ($24,750 - $19,200) $5,550

LesS: decrease in accounts payable ($11,800 - $21,900) $10,100

Less Decrease in wages payable ($4,500 - $5,100) -$600

Net cash provided from operating activities $49,250

Cash flow from investing activities

Equipment purchased -$59,650

Cash flow used by investing activities -$59,650

Cash flow from financing activities

Cash payment made for long term note payable -$12,100

Issuance of the new shares $35,000

Dividend paid -$11,450

Cash flow from financing activities $11,450

Net increase in cash $1,050

Add: opening cash balance $65,500

Closing cash balance $66,550

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2 years ago

Most organizations strive to resolve between _______ of requests at the first level of support in less than an hour.

Bingel [31]

The answer in the space provided is seventy five to eighty five percent because this is only the likely percentage that the organization strive because this extends to their capabilities and that this occurs at the first level of support in less than an hour when they undergone through this process.

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3 years ago

Consider the following items:

Verizon [17]

Answer:

1. A) Gold coins

2. B) food stamp

3. Gold coins

Funds in a checking account

Funds in a savings account

100 shares of Google stock

Grocery Store Coupons

Food stamps

Explanation:

Money is legal tender that is generally acceptable for transaction within a geographical location mostly a country.

Gold coins is a form of money that is accepted it can be use for transaction immediately.

Funds in checking and savings accounts :-money is available but not in cash or coin, a card is needed to make of the money.

100 shares of google stock:- this is an investment that will yield dividend over a period of time, its not available for use at the moment.

Grocery store coupons is restricted to a specific grocery store and has no value outside.

Food stamp is not generally acceptable outside the designated points.

8 0

3 years ago