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WARRIOR [948]
3 years ago
7

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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in marketable securities by $318,370 and paid $1,218,231 for new fixed assets during 2017. The company also repaid $776,200 of e
sertanlavr [38]

Answer:

The complete question from the start is <em>"Carla Vista Company increased its investments in marketable securities by $318,370 and paid $1,218,231 for new fixed assets during 2017"</em>

<em />

a. <u>Investing activities</u>

+ Proceeds from sales of marketable securities  $318,370

- Purchase of new fixed assets                              $1,218,231

+ Proceeds from sale of fixed assets                    <u> $332,002</u>

Net cash used for investing activities                 <u>-$567,859</u>

Note: The answer is cash outflow

b. <u>Financing activities</u>

- Repayment of long term debt                       $776,200

+ Proceeds from raising new debt capital      $913,575

- Repurchase of stock                                      <u>$52,501</u>

Net cash inflow from financing activities     <u>$84,874</u>

Note: The answer is cash inflow

8 0
3 years ago
Which tax is specifically charged on real estate?
astra-53 [7]

Answer:

Property tax assessment

Explanation:

Under construction propertiesare taxed at 12%

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8 0
3 years ago
The cost of financing the national debt (in terms of average interest rate paid on the debt) has generally _____ over the last 3
Sloan [31]
<span>d) stayed the same would be the answer </span>
7 0
3 years ago
Three-month European put options with strike prices of $50, $55, and $60 cost $2, $4, and $7, respectively. What is the maximum
Vladimir79 [104]

Answer:

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3 0
3 years ago
It costs a company $35,000 to produce 500 graphing calculators. The company’s cost will be $35,080 if it produces an additional
kozerog [31]

Answer:

Marginal cost is greater than its average cost.

Explanation:

Given that,

Cost of producing 500 graphing calculators =  $35,000

Cost of producing 501 graphing calculators =$35,080

Therefore,

The marginal cost = Cost of 501 graphing calculator - Cost of 500 graphing calculator

                              = $35,080 - $35,000

                              = $80

Average cost:

= $35,000 ÷ 500

= $70

Therefore, the marginal cost is greater than its average cost.

4 0
3 years ago
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