3 years ago

When would someone be restricted from filing for bankruptcy?

Business

2 answers:

skelet666 [1.2K]3 years ago

8 0

if the debtor fails the means test

Charra [1.4K]3 years ago

4 0

There technically is no age or limit but some people say 18.

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Moody Farms just paid a dividend of $3.25 on its stock. The growth rate in dividends is expected to be a constant 5 percent per

Illusion [34]

Answer:

Cash Flow Year Present value

- 0 0.00

3.41 1 2.99

3.58 2 2.76

3.76 3 2.54

3.95 4 2.38

4.15 5 2.23

4.36 6 2.09

91.46 6 43.94

Current share price = $58.93

Explanation:

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3 years ago

During August 2018, Bingham Company recorded the following: bullet Sales of $ 68 comma 900 ($ 55 comma 000 on account; $ 13

Paraphin [41]

Answer:

Explanation:

Direct Method

Aug

Dr Accounts Receivable 55,000

Dr Cash 13,900

Cr Sales 68,900

Dr Cash 45,100

Cr Accounts Receivable 45,100

Dr Bad Debt Expense 1,680

Cr Accounts Receivable 1,680

Dr Accounts Receivable 300

Cr Bad Debt Expense 300

Dr Cash 300

Cr Accounts Receivable 300

Allowance Method

Dr Accounts Receivable 55,000

Dr Cash 13,900

Cr Sales 68,900

Dr Cash 45,100

Cr Accounts Receivable 45,100

Dr Allowance for Doubtful debts 1,680

Cr Accounts Receivable 1,680

Dr Accounts Receivable 300

Cr Allowance for Doubtful debts 300

Dr Cash 300

Cr Accounts Receivable 300

8 0

3 years ago

At best buy they have a 42" TV that sells for $1250 and is on sale 15% and sales tax is 6.5%.What is the final cost?

lys-0071 [83]

First, calculate the discount.

15% of 1250 is 187.5

Then, subtract 187.5 from 1250.
You get 1062.5

Next, to calculate the sales tax. I'm not 100% sure if you're supposed to do this before the discount or after, I'm just assuming after.

Anyway,

6.5% of 1062.5 is approxamately 69.06.

Add that to 1062.5 to get the final answer of $1131.56

7 0

3 years ago

How much will i get monthly for $87000 in boston ma?

ANEK [815]

You will get monthly $7,250.00 in boston

4 0

3 years ago

Harry, Hermione, and Ron formed an S corporation called Bumblebore. Harry and Hermione both contributed cash of $29,400 to get t

Anna007 [38]

Answer:

$29,400; $29,400 and $18,400

Explanation:

Value of parcel of land = $69,800 with a basis = $58,800

Harry's basis is equal to cash contributed which is $29,400

Hermione's basis is equal to cash contributed which is $29,400

Ron's basis = Basis of parcel of land - Mortgage value

= $58,800 - $40,400

= $18,400

6 0

3 years ago