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3 years ago

How is it possible for a company to show positive net income but go bankrupt? Give one example.

2 answers:

4 0

Yes, it is possible for a company to show positive net income but go bankrupt.There are two types of bankruptcy. The first takes place when the company's outgoing cash is more than the cash which is incoming. It happens when companies stretch their business to complete a particular project and payment does not come in a timely manner. The second takes place when liabilities are greater than assets of an organization. In this case, the company can have a positive net income but cannot continue its business operations without help from investors or the court of bankruptcy.

Akimi4 [234]3 years ago

3 0

It happens when companies stretch their business to complete a particular project and payment does not come in a timely manner. The second takes place when liabilities are greater than assets of an organization.

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Identify 3 skills you would expect a bookkeeper to have

yaroslaw [1]

Answer:

Great data entry skills. ...

Good communication. ...

Knowledge of bookkeeping principles. ...

Organising records. ...

Attention to detail. ...

Have an understanding of the bigger picture. ...

Be disciplined. ...

Have an interest in furthering your education.

4 0

3 years ago

Based on the article, As Middle Class Shrinks, P&G Aims High & Low, identify the environmental forces from among the six

Vladimir [108]

Answer:

All the above.

Explanation:

Based on the articles the middle-class shrinks P&G high and low are identified by the environmental factors that may impact the development of the firm in the market.

a) Social : The Social factor in the external environment of the form will be related to the firm showing the product whether it's accepted by the society at large.

b) Cultural : This aspect will focus on the moral and ethical principles of the company wants to portray.

c) Demographic : Factors related to the people and their age structures as they are customers users of the products.

d) Economic : In terms of the revenue maximization and profit motive should target with the appropriate amount.

e) Competitive : As the markets are highly competitive the demand for the product and the market values will be dependent on the company position of the product.

f) Technological has a larger and integrated role to play.

5 0

4 years ago

Paying attention to the trends that might impact your future career is called

Mazyrski [523]

<span>The process is called futurecasting. Clustering is a completely different concept related to the organization of resources. Networking is a concept related to building social connections through self-advertising and linking networks with associates. Matchmaking is typically used in reference to specifically cultivating relationships between two people with complementary skill sets or similar core work values. Thus only futurecasting is left as an option.</span>

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3 years ago

9. Problems and Applications Q9 Suppose that a borrower and a lender agree on the nominal interest rate to be paid on a loan. Th

den301095 [7]

Answer: False

Explanation:

The real interest rate is the nominal interest rate adjusted for inflation.

If the nominal interest rate was made with inflation in mind and this inflation is less than anticipated, the real rate will be higher not lower than expected.

For instance: Assume the nominal rate is 8% and the two parties assumed inflation would be 4%. Real rate would be:

= 8 - 4 = 4%

If inflation is instead 2%, real rate would be:

= 8 - 2 = 6%

Real rate would be higher than anticipated.

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3 years ago

As a member of a team project at school, you are meeting with your teammates to determine what tasks are required to complete t

grigory [225]

To keep the team on schedule, you propose that members use a LOG so the project will be completed on time.

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3 years ago