How does bankruptcy affect a persons credit rating

Three employees of a hardware store damaged a tile floor while moving concrete pavers from their delivery truck to an outdoor pa

KiRa [710]

Answer:

The Business Auto Coverage Form in this case will cover for tile damages that occur due to accidents brought about during the transfer of property from a covered auto to the place where the property is finally delivered. The damages that occurred on the pavers will not be covered because of the care, custody, and/or control exclusion clause.

8 0

4 years ago

Shauna Lee Company expects the following for 2024: • Net cash provided by operating activities of $140,000. • Net cash provided

Assoli18 [71]

Answer:

See below

Explanation:

Computation of Cash flow

Net cash provided by operating activities

$140,000

Less:

Net cash used for investing activities

($86,000)

Less:

Net cash provided by financing activities

(64,000)

Ending cash balance

($10,000)

Therefore, Lee would expect free cash flow of ($10,000) for 2024.

6 0

3 years ago

Kingbird Company has five employees participating in its defined benefit pension plan. Expected years of future service for thes

viktelen [127]

Answer:

Total number of years remaining for employees = 3 + 4 + 5 + 6 + 6 = 24 years.

Projected benefit of $88,560.

Year Annual Amortization

2020 88,560 * 5/24 $‭18,450‬

2021 88,560 * 5/24 $‭18,450‬

2022 88,560 * 5/24 $‭18,450‬

2023 88,560 * 4/24 $‭14,760‬

2024 88,560 * 3/24 $‭11,070‬

2025 88,560 * 2/24 $‭7,380‬

Total $88,560

Every year the projected benefit is amortized by the number of employees still working divided by the total number of years for all the employees.

8 0

3 years ago

Assume that the interest rate on borrowings in south korea is 1 percent, but the interest rate on deposits in british banks is 7

Vikentia [17]

The trader involved is in carry trade.

Further Explanation:

Carry Trade: It is defined as a strategy that is used in trading which involves borrowing money at a lower rate of interest and investing in an asset that gives a higher rate of return. It involves borrowing money in a currency that is having a low rate of interest and convert the borrowed sum of money into other currency. The amount is then placed in a deposit in the currency that offers a high-interest rate. It invests in the assets like bonds, stocks, real estate, or commodities that are designated in the other currency.

The two risks that are involved in carry trade are the risk of decline in the price of the assets in which investment is made and exchange risk. This is common in the Foreign exchange market.

Therefore, the trader is involved in carry trade.

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Answer details:

Grade: High School

Subject: Economics

Chapter: Types of trade

Keywords: the interest rate, South Korea, 1 percent, deposits in British banks, 7 percent, a trader, 1 million South Korean won, British pounds, deposits in a British bank, carry trade, trade involved in, FX market.

5 0

3 years ago

How would you write a business memorandum to this topic?

Artyom0805 [142]

Answer:

To ,

The Concern specialists/Editor/Citizens

Subject: To Generate Cash for social assistance right now tempest and debacle .

Dear partners ,

We are confronting an incredible test to loss of our home and harms to our infrastructural improvement . As, I am another business visionary . I wish to contribute cash to greatest individuals with the goal that they can fix their home. This can not be conceivable without your important commitment and backing. I demand each resident , understudies, clients of treats, specialists and so forth to contribute wilfully at all you wish to do right now cause and at the hour of crisis.

Looking for your gifts and an important commitment.

Yours Sincerely,

SALLY

Proprietor AND SOLE PROPRIETOR

CALIFORNIA COOKIES

USA

3 0

4 years ago