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3 years ago

What are requirements for filing bankruptcy?

2 answers:

4 0

Answer: Chapter 12- debt is due to farming expenses and stable income is available to pay off payment plan

Chapter 15- filing is based on UN legislation and corporation files international bankruptcy

Explanation:

kodGreya [7K]3 years ago

3 0

Answer:

Answer: Chapter 12- debt is due to farming expenses and stable income is available to pay off payment plan

Chapter 15- filing is based on UN legislation and corporation files international bankruptcy

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Identify and explainthe benefits and problems associated with high economic growth

frozen [14]

Answer:

Kindly check explanation

Explanation:

High economic growth is usually the aim of several economic policies whichnmost countries try to employ. The reason for this is no other than the numerous benefits attached to it which includes;

Increase in GDP : With growth in the economy of a country, trading within and outside these countries will rise, leading to increase in revenue earned and hence, the gross domestic product. This will pave the way for :

Infrastructural development : The development of infrastructure and standard society will be on the horizon as the economy grows. There is enough capital to embark on infrastructural development which will serve the populees

Other benefits include ; Trade and investment opportunities ; Increase in foreign direct investment and employment level will increase.

High economic growth also has it's drawbacks which include ;

Higj Immigration level ; Businesses and individuals are always on the lookout for areas with good investment opportunity in which an high income society is usually a main target. With increasing immigration, overcrowding may result.

Also, Investment cost may begin to rise, coupled with increase in foreign investment influx, the local market may be at risk of being able to compete.

5 0

3 years ago

While working at his factory job, joe slipped on the wet floor. he went to the doctor where they told him he broke his ankle. wh

Svetlanka [38]

Worker's Compensation, because the injury occurred by an employee in the course of performing their job.

4 0

3 years ago

A company is considering the purchase of new equipment for $57,000. The projected annual net cash flows are $23,400. The machine

lina2011 [118]

Answer:

Net Present Value = $3,304.069

Explanation:

To determine whether or not the investment was right, we will need to determine the net present value of the investment (NPV).

The NPV is the difference between the present value PV of cash inflows and the PV of cash outflows. A positive NPV implies a good investment decision and a negative figure implies the opposite.

NPV of an investment(NPV)

NPV = PV of Cash inflows - PV of cash outflow

The cash inflow is an annuity.

PV of annuity= A× 1 -(1+r)^(-n)/r

A- Annual cash flow ,- 23,400 r - discount rate - 8%, number of years- 3

Present Value of cash inflow =23,400 × (1- (1.08)^(-3)/0.08 = 60,304.06

Initial cost = 57,000

Net Present Value = 60,304.06 - 57,000 = 3,304.069

Net Present Value = $3,304.069

Kindly note that a discount rate of 8% was used as it is the opportunity cost of capital for the investment.

4 0

3 years ago

Matt wants to attend a university in California and is waiting to hear back from schools where he has applied. He has filled out

ValentinkaMS [17]

Answer:

All answers except 2 and 3 can be treated as correct.

The main reason is that bothered of them involves getting loans and although federal loans may have relatively lower interest rates, still it would be difficult to manage once he is out of the college.

The other options provide wonderful opportunities to afford him his studies without getting into debt so matt should try one of those options.

Explanation:

4 0

3 years ago

Read 3 more answers

7. Opal Lindsay has just taken out a loan at her bank. The bank is charging her 12 percent compounded monthly. How much is Ms. L

guajiro [1.7K]

Answer:

12.68250%.

Formula:

Basic formula for compound interest:

At = A0(1+r)n

where:

A0 : principal amount, or initial investment

At : amount after time t

r : interest rate

n : number of compounding periods, usually expressed in years

3 0

3 years ago