1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
borishaifa [10]
2 years ago
8

A couple has two children. They live in Missouri and have a combined annual income of $96,730. The couple has a mortgage, a car

loan, student loans, and credit card debt. When one of them loses employment, their monthly income is reduced by $2,100. If they felt the need to file for bankruptcy, which of the following statements is true?
Business
1 answer:
Mashutka [201]2 years ago
6 0
I'm going to guess, but i would say the best answer would be B. They could file for Chapter 7 bankruptcy and discharge most of their debt.
You might be interested in
How does inflation hurt your savings?
siniylev [52]

Answer:

have to spend more money

Explanation:

4 0
2 years ago
Try better at catfishing people. :/ Cuz ur gonna get caught..
earnstyle [38]

Answer:

Explanation:okay

7 0
3 years ago
The chart indicates the education or training histories of three employees in the Agriculture, Food, and Natural Resources caree
faust18 [17]

Answer: D

Explanation:

5 0
3 years ago
Read 2 more answers
The rental income generated by a lease can depend significantly on the proportion of property-level operating expenses paid by t
yanalaym [24]

Answer:

4) Triple net lease

Explanation:

In a triple net lease (NNN lease), the tenant is responsible for all the expenses related to the leased property including property taxes, maintenance fees, reparations and property insurance. NNN leases are usually commercial leases only.

The landlord's disadvantage with a NNN lease is that the monthly lease payment tends to be lower since the tenant assumes all the costs related to the leased property. On the other hand, a NNN lease generally provides a stable cash flow, so its associated risk is lower.

4 0
3 years ago
On September 30, Year 1, Payne, Inc. exchanged some of its shares for all of the common stock of Salem, Inc. in a business combi
MrRissso [65]

Answer:

Payne should exclude Salem's January 1, Year 1, Retained Earnings and income for January 1 to September 30 from consolidated Retained Earnings and consolidated income

Explanation:

The Retained Earnings of Salem on January 1, Year 1 and and its income during the period between January 1 and September 30 would not be included in the Year 1  consolidated financial statements.

The reason is that The Retained Earnings of Salem on January 1, Year 1 and and its income during the period between January 1 and September 30 are part of the equity of the shareholders that that Payne acquired on September 30, Year 1. They would then be eliminated in the eliminating entry of the consolidating investment.

6 0
3 years ago
Other questions:
  • Finding dominant strategies is often a very way of analyzing a game. Consider the following game: Microsoft and Apple are the tw
    7·1 answer
  • Prospect Realty Co. pays weekly salaries of $27,600 on Monday for a six-day workweek ending the preceding Saturday. Journalize t
    7·1 answer
  • I need help with this not really good at this
    6·1 answer
  • Prior to the deal, three soft drink companies sold beverages on campus; now no other soft drink company is allowed to sell its p
    6·1 answer
  • As brett prepares to open his new business, he has identified the tasks that need to be accomplished and has assigned employees
    12·1 answer
  • Quien es el Dueño de fedex
    14·1 answer
  • is (R$), has been trading at R$3.40/US$. Exports to Brazil are currently 50,000 printers per year at the reais-equivalent of $20
    11·1 answer
  • Newton Corporation was organized on January 1, 20X7. On that date, it issued 200,000 shares of its $10 par value common stock at
    7·1 answer
  • Solomon Services Company has 69 employees, 29 of whom are assigned to Division A and 40 to Division B. Solomon incurred $413,310
    7·1 answer
  • If government spending increases or personal income taxes decrease, what are the likely effects on output, price level, and inte
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!