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
evablogger [386]
3 years ago
8

Robert G. Flanders Jr., the state-appointed receiver for Central Falls, RI, said his city's declaration of bankruptcy had proved

invaluable in helping it cut costs. Before the city declared bankruptcy, he said, he had found it impossible to wring meaningful concessions out of the city's unions and retirees, who were being asked to give up roughly half of the pensions they had earned as the city ran out of cash.
True or False
Business
1 answer:
valentinak56 [21]3 years ago
7 0

Answer:

False

Explanation:

Missing question: <em>The ability to declare bankruptcy increased the disagreement value of the city during negotiation with the unions</em>

Alternatives available to an agreement determine the terms of an agreement. If bankruptcy is been declared in a situation where the cities can manipulate  and evade much of their pension obligations owed to unions, such scenarios gives the city a much better alternative, if the favorable agreement with the city's unions and retirees emerge.

You might be interested in
The short-run aggregate supply curve will decrease if:
finlep [7]

Answer: A. the aggregate price level falls. commodity prices rise.

Explanation: In short-run, the aggregate supply is usually a graph pointing upward and with a sloping curve. The short-run aggregate supply curve usually points upward sloping because it indicates quantity supplied which increases when the price rises. In the short-run, organisations usually have only one fixed factor of production which is capital.

8 0
3 years ago
"Dream, Inc., has debt outstanding with a face value of $4 million. The value of the firm if it were entirely financed by equity
Artist 52 [7]

Answer:

expected bankruptcy costs =  $190000

Explanation:

given data

face value = $4 million

equity = $18.6 million

stock outstanding = 510000 shares

sell price = $31 per share

corporate tax rate = 35 percent

to find out

decrease in the value of the company due to expected bankruptcy costs

solution

we get here value of levered firmed by M & M proportion

value of levered firm = value of equity + value of debit

value of levered firm = $18.6 million + 35% ( $4 million)

value of levered firm = $20 million

and

now we get total market value of firm that is

total market value of firm = market value of equity + market value of debit

total market value of firm = $31 ( 510000 ) +  $4 million

total market value of firm = $19810000

so expected bankruptcy costs are here as

expected bankruptcy costs =  $20 million - $19810000

expected bankruptcy costs =  $190000

7 0
3 years ago
According to the Techstar’s video describing entrepreneurial journeys, and their efforts to support entrepreneurship, what is th
chubhunter [2.5K]

Answer:

Champion

Explanation:

According to Techstars, the final stage of an entrepreneur's journey is champion. This represents start-ups that have a chieved great success like Google, and they are championing the enterpreneur's journey by working with enterpreneurs at earlier stages.

The initial stages of enterpreneur's journey is: inspire, discovery, founder, startup, scale, and finally champion.

5 0
3 years ago
Gillstrap Promotions has projected the following values for the next three months:
alex41 [277]

Answer:

1.9058n n=15x x=17g g=5L

Explanation:

4 0
3 years ago
Reverend samuel stanhope smiths proposal that skin color should be viewed as a product of climate and therefore not correlated t
Tatiana [17]
I think he felt that skin was attributable to climate and did not affect one's intelligence, character and personality so  he was not a racist. While areas of the world like Latinamerica and Africa for example have many people with brown or black skin, they are every much as capable as people from more northern climates with white skin. The fact that, for example the Latin american areas had advanced civilizations like the Incas and Aztecs, the former with 1000's of kilometers of roads tying their empires together and the Aztecs with their monumental temples and both with advanced agriculture based on astronomical observations shows this is the case.
7 0
3 years ago
Other questions:
  • Erin has been asked to maintain a​ "live" website.​ therefore, she needs to​ __________.
    14·1 answer
  • Dan borrowed $745 for a new coffee table. He will make 10 monthly payments of $85 to repay the loan. How much will he pay
    10·2 answers
  • Fatal(focus)_______events caused almost three out of five construction worker deaths
    13·1 answer
  • Assume Apple shares have a market capitalization of $50 billion. The company just paid a dividend of $0.25 per share and each sh
    5·1 answer
  • Entries for Note Collected by Bank Accompanying a bank statement for Santee Company is a credit memo for $15,120 representing th
    10·1 answer
  • Wilt has a consulting contract with a firm that states that he will receive annual payments of $50,000 a year for five years wit
    9·1 answer
  • How do you get on the leaderboard, I have 892, and I don't see myself?
    7·1 answer
  • Throughout human history we know that Group of answer choices all countries will eventually return to very low levels of real GD
    6·1 answer
  • Why target market trade is executed
    6·2 answers
  • On the balance sheet, if ending inventory is overstated, then total assets will be __________ and stockholders' equity will be _
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!