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hram777 [196]
3 years ago
5

A legal process in which a borrower is relieved of debts after showing an inability to pay is called?

Business
1 answer:
docker41 [41]3 years ago
7 0

Answer:

Bankruptcy

Explanation:

After declaring bankruptcy, all of your financial obligation would be wiped up, minus several exceptions. For example:  Child support, student loans, and alimony would not be deleted even if you declared bankruptcy.

Even though bankruptcy eliminate your current debts, it actually will create more financial problems for you in the future. For example, it will be almost impossible for you to qualify for mortgage or any other types of bank oloans.

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Bramble, Inc. has 8 computers which have been part of the inventory for over two years. Each computer cost $530 and originally r
Sedaia [141]

Answer:

$2,880

Explanation:

US GAAP requires companies to value their inventories at lower of cost or net realizable value.

so we calculate both:

  • the cost = 8 x $530 = $4,240
  • the net realizable value = 8 x $360 = $2,880

Since the net realizable value is lower, then the computers must be recorded at that price.  

5 0
4 years ago
Please help, Worth 90 Points!!
Harman [31]

Answer:

free points ezzzzz

Explanation:

3 0
3 years ago
The sequence of adjustments to the transaction price of a comparable property would make no difference if all adjustments were d
Pani-rosa [81]

Answer:financing terms, market conditions, location-A

Explanation:In making adjustments to a comparable property to arrive at a final adjusted sales price, tthis proper sequence should be followed----financing terms, market conditions, location-

A buisness has to understand it's Financial terms because it aims at providing funds for business activities whether in purchases or investing . Financial terms of a buisness considers it's a capital, without capital, a buisness cannot start up.

Market conditions is the economic environment suitable or unsuitable for buisness whether for production or investment. After a buisness understands it's financial terms, it tend to look at the Favorable conditions or unfavorable conditions(excess competition) that can make it easier to start, grow, enjoy returns.

After understanding if the market conditions are favourable considering inflation and deflation, interest rates, competition etc you will have to consider Location which is a also critical in every buisness venture.

7 0
3 years ago
Abby is so satisfied with her green grocer that she refers her friends and colleagues, providing a(n _______ benefit of maintain
Vesnalui [34]
The most appropriate answer is d. marketing. By developing and maintaining good relationships with customers, businesses can benefit by getting 'free' marketing or advertising. Real customers who are satisfied with a particular product or service are better able to convince potential customers. Businesses benefit in this way by improving the visibility of their brand.  
5 0
3 years ago
Your Assignment, Part I
nekit [7.7K]

20

Explanation:

I took the text to day its 20

4 0
3 years ago
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