The award received after completing a four year undergrad program is called a bachelors degree.
Answer:
C
Explanation:
C focuses on health care careers it makes the most sense if she wants to be a doctor.
Answer:
$800
Explanation:
Since $50,800 are available for distribution, the payments will start with the trustee, the lawyers and the suppliers:
- trustee will receive $15,000
- lawyers will receive $10,000
- Dart will receive $20,000
- <u>Noll will receive $5,000 </u>
After the suppliers, lawyers and trustee are paid, only $800 are left and they will be given to Boyd. The creditors with unsecured claims will get $0.
Answer:
8.60%
Explanation:
We use the MM proposition II with taxes
ra 0.125
D 5000
E 9600 (14,600 assets = 5,000 liab + equity)
rd ??
taxes 0.34
re 0.1384
We set p the formula and solve:
rd = 0.860181818 = 8.60%
Answer:
b. No journal entry is required
Explanation:
Given that
Estimated percentage of losing = 40%
Estimated amount = $800,000
By considering the above information, we concluded that
As in the case of the litigation, there is no journal entry is recorded as the possibility of the event is not certain with respect to the entity's economic resources.
Therefore in the given case, the correct option is b.
