Answer:
Chapter 7 bankruptcy
Explanation:
Chapter 7 bankruptcy is the most common type of bankruptcy filing and it can be filed by individuals, partnerships or corporations (anyone can do it). It is also the quickest and simplest form of bankruptcy filing. But if you are an individual, in order to qualify for Chapter 7 bankruptcy you must earn less than the median state income. Many people choose Chapter 7 bankruptcy since they can get to keep all or almost all of their property.
Answer:
petty cash fund 440 debit
cash 440 credit
--stablishment of the fund--
freight-in 46 debit
postage expenses 78 debit
miscellaneous expenses 111 debit
cash shortage loss 12 debit
Cash 247 credit
--reimbursement of the fund--
petty cash fund 50 debit
Cash 50 credit
--incerase of the fund to 490--
Explanation:
The petty fund will be stablish using cash, so we decrease cash and create the petty fund.
Then, the expenditures will be against cash, so we don't have to use the petty fund account.
Lastly, to increase the fund we take from the cash account the 50 dollars increase.
<u>Answer:</u>
<u>If there is 1 hour of production: </u>
Cars produced by Japan = 5/8 = .625 cars
HD TV produced by Japan = 15/10 = 1.5 HD TVs
Further,
Cars produced by US = 5/6 = .83 cars
HD TV produced by US = 15/5 = 3 HD TVs
So,
Opportunity cost of a car for Japan = 1.5/.625 = 2.4 units of HD TVs
Opportunity cost of car for US = 3/.83 = 3.61 units of HD TV
Since, Japan has lower opportunity cost of producing cars, so Japan has comparative advantage in producing cars.
Opportunity cost of a HD TV for Japan = .625/1.5 = .42 units of car
Opportunity cost of a HD TV for US = .83/3 = .28 units of car
Since US has lower opportunity cost of producing HD TVs, so US has comparative advantage in producing HD TVs.
Interest capitalization is defined as the unpaid interest when added to the principal amount of the loan. It increases the overall cost of the loan.
Bianca will have to pay $13.43 monthly to avoid interest capitalization.
Given that:
Principal value of loan = $2600
Maturity Time = 10 years = 120 months
Interest rate = 6.2% = 0.062
Now, to find the amount of payment by using the formula:
Total payment that is to be paid in 1 year:
Thus, the payment that Bianca has to pay is $13.43.
To know more about interest capitalization, refer to the following link:
brainly.com/question/417585
Answer:
C) does not have a close substitute.
Explanation:
A monopoly is a market structure where there is only a single seller but many buyers. The seller therefore has more bargaining power over buyers and is therefore the price maker; a monopolist decides and sets the price of the product. Since there is only one seller, it means that the good does not have close substitutes. However, a multi-product monopolist could sell goods or services that are close complements.
