1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Brut [27]
3 years ago
12

What effects are Mary and Todd likely to face if they declare bankruptcy? Check all that apply.

Business
2 answers:
ahrayia [7]3 years ago
8 0

1, 4, and 5 just done the assignment and got it correct

Mandarinka [93]3 years ago
8 0

The correct answer is 1, 4, 5.

1. They will find it hard to get new loans.

4. They will have to pay higher interest rates on any new credit cards they obtain.

5. They will have poor credit reports.

Bankruptcy is termed as legal status of a person who is not able to pay creditors their debts. It is imposed by a court order.

Someone can declare bankruptcy if the value of assets he has less the debt amount he is being owed.

Filing for a bankruptcy damages your credit where debts are discharged without being paid.

You might be interested in
Which of the following statements is/are true regarding a simulation model? It makes decision-making easier. It explicitly incor
Annette [7]

Answer:

It explicitly incorporates uncertainty in one or more input variables.

Explanation:

In simulation analysis we perform 1000's of calculations assigning risk of uncertainty to multiple input variables, as with increased data set the variable tend to increase.

This technique is generally used, for project management and further, decision making in many streams.

Under this probability of different results in the form of outcomes are evaluated.

Therefore, the correct statement is b.

3 0
3 years ago
1. A company issues new stock with a fair value of $120,000 to acquire 85% of the stock of another company. The fair value of th
Delicious77 [7]

Answer:

A. $10,500

Explanation:

FV of IDNA:  

Book value                                                     $ 15,000

Revalued plant assets                                    ($25,000)

license agreements                                           $30,000

Intangible assets                                             $50,000

                                                                           $ 70,000

Non-controlling interest valued at the date of acquisition, following the alternative method allowed by IFRS = 15% * 70,000 =  $10,500.

4 0
3 years ago
Which type of interest can earn more money over the long term?
guajiro [1.7K]
Compound interest would be the correct answer.
4 0
2 years ago
Which of the following is an example of marginal cost?
cestrela7 [59]

Answer:

B

Explanation:

6 0
3 years ago
Which email message has a negative tone? (NEEDED SOON!!)
Shtirlitz [24]
The answer is C
“There’s nothing we can do about it”

A,B and D have a positive tone.
But C sounds kinda mean
8 0
2 years ago
Other questions:
  • ____ means that each department involved with new products has excellent linkage with relevant sectors in the external
    7·1 answer
  • What is the maturity date of a loan for $4,000 at 15% exact interest taken out on June 7? The amount of interest on the loan was
    14·1 answer
  • Managers in a home improvement company have been having problems with employees starting cliques. To develop more of a team cult
    8·1 answer
  • Any point inside a production possibilities curve indicates: Select one: a. unemployment and/or inefficiency. b. that the law of
    5·1 answer
  • Hardaway Fixtures' balance sheet at December 31, 2020, included the following: Shares issued and outstanding: Common stock, $1 p
    5·1 answer
  • For each of the following accounts, indicate the effect of a debit or credit on the account and the normal balance.
    14·1 answer
  • Say you are planning to start a new business. You expect to have losses for the first 2 years and then achieve significant profi
    9·1 answer
  • Which of the following is NOT listed on a balance sheet?
    10·1 answer
  • Your company decides to implement sap in the united states before implementing it in canada. this is an example of ___________ c
    6·1 answer
  • Asymmetric information in a market transaction occurs when there is unequal knowledge possessed by the:_____.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!