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rusak2 [61]
3 years ago
13

A net worth statement will be useful when you apply for a loan or credit. True or false

Business
2 answers:
DochEvi [55]3 years ago
7 0
False should be the answer
Ghella [55]3 years ago
4 0
False!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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Barney builds custom wooden birdhouses. he can make 150 birdhouses per month and sell them for $50 each. his average total cost
musickatia [10]

Answer:

125 birdhouses per month

Explanation:

Barney=150 birdhouses

Total product=150 birdhouses

If Barney hires Fred

Fred =125 birdhouses

Total product=150+125

=275 birdhouses

Marginal product can be defined as a change in output as a result of a change in variable inputs

It can be calculated as follows

Marginal product=change in total product/change in variable inputs

=275-150/1

=125/1

=125 birdhouses per month

4 0
3 years ago
Morgan and Flynn owned a partnership business that was facing financial difficulties. The debts of the business were getting out
ahrayia [7]
<span>They can file the bankruptcy code under chapter 11. 

</span>This chapter of the Bankruptcy Code generally provides for reorganization, usually involving a corporation or partnership. A chapter 11 debtor usually proposes a plan of reorganization to keep its business alive and pay creditors over time. People in business or individuals can also seek relief in chapter 11<span>.
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I hope my answer has come to your help. God bless and have a nice day ahead!
8 0
3 years ago
Country Farm Supply applies for a business loan from Farmers Credit Co-Op. Country Farm Supply owes McGregor money under another
Aliun [14]

Answer: must be in writing because it benefits McGregor.

Explanation:

From the question, we are told that Country Farm Supply applies for a business loan from Farmers Credit Co-Op. We are also aware that Country Farm Supply owes McGregor money under another business deal, and that McGregor wants to help Country Farm Supply get the loan so that it will be able to stay in business to pay him back, McGregor promises Farmer's Credit Co-Op that he will repay the loan if Country Farm Supply does not.

Therefore to be enforceable, McGregor's promise must be in writing because it benefits him. The the deal is between Farmer's Credit Co-Op and McGregor, hence, the promise must be in writing because this will make it valid and also applicable for future purpose in case McGregor isn't able to repay the loan he took .

4 0
3 years ago
At the start of this year 18 months rent was paid. At the year's end how will this affect the balance sheet
NemiM [27]
At the end of the year the item of the prepaid rent which included in the current assets would be decreased by 12 months rent of the year and would be shown the balance of 6 months rent for the coming year
4 0
3 years ago
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You decided that it's time to start saving for your retirement. to do this, over the next 25 years you will invest $1,000 a mont
Nitella [24]
Im going to say the answer is 2290909.09 in total. hope i helped
8 0
3 years ago
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