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andreev551 [17]
3 years ago
5

Twenty years ago, your parents invested in Apple. As the years have gone by, the investment has grown. However, if Apple should

go out of business and declare bankruptcy, what would happen to your parent's investment?
Business
2 answers:
ELEN [110]3 years ago
5 0

Answer:

your parents will only lose the value of their share

Explanation:

Based on the information provided within the question it can be said that if the Apple business were to declare bankruptcy then your parents will only lose the value of their share. That is because the shares are linked to the Apple company, meaning that if they declare bankruptcy the value of those shares will ultimately decrease to 0 and be worthless.

baherus [9]3 years ago
3 0

Answer:

They would lose the value of their shares in Apple

Explanation:

When a company goes bankrupt is simple means that the company lacks the finance to continue running its business operations and also the ability to go into production in commercial quantity hence the shareholders who are the finance powerhouse of the business will lose the value of the shares they hold in the company.

When a company is declared bankrupt by a court order it means the company is unable to pay its outstanding debts which includes paying dividends to shareholders of the company this will lead to the company been liquidated ( sold ) in other to pay off outstanding debts which includes paying off the shareholders of the company first. but the shares of the shareholders will lose its value in the current market

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Lenore, Inc. gathered the following information from its accounting records and the October bank statement to prepare the Octobe
Rashid [163]

Answer:The up-to-date ending cash balance on October 31 is: $8,290---C

Explanation:

A bank Reconciliation statement helps to match a company's book record to its bank record and adjust discrepancies, If any.

Here, the deposits in transit and outstanding checks fall under the bank's accounting records and will not be involved in the company's additions or deductions in the accounting book balance records.

Ending cash balance as per books = $7,000

Add:

Interest received from Bank =           +$1,700

subtotal                                                $8,700                    

Deduct

Bank Service charge =                        -$60

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4 0
3 years ago
Which type of worker would most likely be able to begin work after receiving a high school degree and completing
DanielleElmas [232]
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5 0
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As a novice investor, Laura is concerned about fees. She has heard stories of investors who have lost thousands of dollars in fe
topjm [15]

Answer:

Laura should focus on purchasing Index Mutual Funds and Exchanged-Traded Funds.

Explanation:

Laura should, amongst many investments’ options, focus on two particular types of investments: the first one is called index mutual funds, which have a much lower fee than mutual funds, giving the investor an investment with lower cost while having a fund that works in many ways equal to mutual funds. The second one should be exchange-traded funds, particularly because those funds are based on commissions, making it possible to charge lower fees than mutual funds.

5 0
3 years ago
Maker-Bot Corporation has 10,000 shares of 10%, $90 par value, cumulative preferred stock outstanding since its inception. No di
AleksandrR [38]

Answer:

D) $130,000

Explanation:

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Hope that helps.

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2 years ago
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