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3 years ago

What are some potential positive outcomes of filing for bankruptcy?

Business

1 answer:

matrenka [14]3 years ago

8 0

Answer:

An automatic stay against creditors. Once you file, the court automatically issues this stay against any and all debt collection activity.

Dischargeable debts.

Bankruptcy exemptions might allow you to maintain ownership of your property after bankruptcy.

Credit Score.

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"People who fight fire with fire usually end up with ashes," is a popular saying that can relate to upset customers.

Ede4ka [16]

Answer:

This popular saying applied to an organizational environment, can refer to upset customers in the sense that if your customers make any complaints or complaints about your products and services, you, as a professional representing the company, must be well prepared and trained to deal with this adverse situation in a way that is not a "person who fights fire with fire and ends up with ashes", that is, you must be well prepared to respond to the customer's problem in a friendly, fast way and that brings solutions that do it. return, and not in a way where the customer feels that their complaint has not been resolved well and will not do business with the company again.

5 0

3 years ago

what are creative unique products example flying water bottle plz don’t give me actual already made products

photoshop1234 [79]

Bluetooth water bottle that is waterproof, scented nail polish, Bluetooth earrings, floating/hovering backpack, voice command journals/note books that listen to speech and apply the words onto itself, and a shirt that changes color to perfectly adjusts itself to look good on you no matter what your undertone is.

Need any more ideas?

7 0

3 years ago

With practical illustration, discuss how managers can leverage on organizational behavior components to maximize business succes

Contact [7]

Explanation:

Organizational behavior can be defined as a study of three factors that determine the behavior of organizations:

People
Groups
Structures

These three factors combined will be decisive for understanding and analyzing how people act in the organizational environment in order to establish a harmonious organizational culture where employees feel protected and valued to contribute to the company's organizational objectives.

A culture based on ethical values and valuing employees, will help in a more collaborative work environment, where communication flows effectively and the employee feels able to contribute with greater motivation, innovative ideas and loyalty to the company, which helps to create an internal environment conducive to maximizing business success.

3 0

3 years ago

Ruston Company Income Statement January 1 to December 31, 2017 (amounts in thousands) 7,800 1,560 6,240 780 700 500 4,260 70 4,1

uranmaximum [27]

Answer:

The Net Cash Flow is -$4,686,000.

Explanation:

Note: The data in this question are merged. The complete question with the sorted data are therefore provided before answering the question. See the attached pdf file for the complete question with the sorted data.

The explanation of the answers is now provided as follows:

Net Cash Flow can be determined by preparing the cash flow statement as follows:

Ruston company

Cash Flow Statement

For the Year Ended December 31, 2017

Details $’000 $’000

Cash Flows from Operating Activity

Net Income 2,514

Adjustment to net income

Depreciation expense 700

Increase in accounts receivable (600)

Increase in accounts payable 300

Net Cash Flows from Operating Activity 2,914

Cash Flows from Investing Activity

Increase in Gross Property, Plant, & Eq. (8,300)

Net Cash Flows from Investing Activity (8,300)

Cash Flows from Financing Activity

Increase in Long Term Debt 700

Net Cash Flows from Financing Activity 700

Net Cash Flow  (4,686) 

Therefore, the Net Cash Flow is -$4,686,000.

Download pdf

8 0

3 years ago

Ke Guiwen is visiting the United States from China. As he visits several companies and talks to both workers and managers, he is

alina1380 [7]

Ke Guiwen is visiting the United States from China. As he visits several companies and talks to both workers and managers, he is surprised to realize that although U.S. workers seem to have more autonomy than the employees in his company, they also tend not to work together to complete tasks. Ke Guiwen’s surprise is probably due to a communist orientation in his culture.

7 0

3 years ago