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Answer: Chapter 7 bankruptcy
Explanation:
Sondra was expecting a shipment of food from one of her suppliers and it didn't come. When she called the supplier the phone was disconnected. Later Sondra read that the supplier had gone out of business because it couldn't pay its debts. The supplier likely declared Chapter 7 bankruptcy.
It should be noted that chapter 7 bankruptcy is a very common form of bankruptcy and does not involve filing of a repayment plan.
Answer:
A capital gains return only
Explanation:
The below options are missing from the question:
A)A real return only.B)A dividend yield only.C)A capital gains return only.D)An income return and a capital gains return.E)An income return only
The return which is solely as a result increase in the price of the stock without any dividends is the capital gains yield which is computed thus:
capital gains return=price now-initial price/initial price
capital gains return=($18-$12)/$12=50.00%
Answer:
c. 130% of direct labor cost
Explanation:
Note : Manufacturing overhead is allocated based on direct labor cost in the Trimming Department.
Where,
Budgeted Overheads are $416,000
Total Direct Labor Cost are $320,000
Therefore,
Predetermined Overhead Rate = Budgeted Overheads ÷ Total Direct Labor Cost
= $416,000 ÷ $320,000
= $1.30 or 130 %
The predetermined manufacturing overhead rate for the Trimming Department is 130 %
A deposit slip is a small paper form that a bank customer includes when depositing funds into a bank account. A deposit slip, by definition, contains the date, the name of the depositor, the depositor's account number, and the amounts being deposited