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viktelen [127]
2 years ago
6

In bankruptcy, a(n) _________ is the representative of an estate and has the capacity to sue and be sued on behalf of the estate

.
Business
1 answer:
Alex Ar [27]2 years ago
5 0

The administrator or executor is representative of an estate which has the capacity to sue and be sued on behalf of the estate.

In bankruptcy, the administrator or executor is the representative whose responsibilities is to possess the asset, pay creditors and distribute the remaining assets or other beneficiaries of the bankrupted company.

Usually, the administrator and executors are appointed when the bankruptcy of a business is declared and ascertained.

Therefore, the administrator or executor acts as representative of an estate which has the capacity to sue and be sued on behalf of the estate.

Read more about this here

<em>brainly.com/question/9774178</em>

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When practicing skills you should focus on _____________?
sesenic [268]
I believe the answer id D) all of the above.

the reason for this is because when you want to learn a skill you want to be able to actively know the skill and use it at will. you also need to be able to do it in an efficient manner and you also need to understand why you need this skill and why it is important for you to learn it.

i really hope this helped and have a nice day :)
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5 0
3 years ago
Read 2 more answers
taylor company had beginning inventory of $400 and ending inventory of $600. taylor company had cost of goods sold amounting to
QveST [7]

Taylor's amount of inventory that was purchased during the period was closing inventory - opening inventory $600 - $ 400 = $200 + COGS ($1800) = $2000.

When calculating average inventory, opening inventory—the value of goods carried over from the prior accounting period—is taken into account. It aids in calculating cost of products sold. The stock's value at the end of the accounting period is known as closing inventory, often referred to as ending inventory.

The cost of inventory encompasses all charges incurred by a company to bring the stock to its present location and state, including purchases, conversions, services, and other costs.  Non-refundable taxes, shipping, trade discounts, and other direct and indirect costs associated with buying the item are all included in the purchase price. It excludes costs associated with selling and distributing.

Learn more about inventory here:

brainly.com/question/22383398

#SPJ4

5 0
2 years ago
Which of the following refers to the process of​ collecting, analyzing, and interpreting data about​ customers, competitors, and
yKpoI14uk [10]

Answer:

d.  Market research

Explanation:

Market research -

It is one of the important step for the organisation ,

In this process , the information and data is collected , analysed and interpreted with respect to the customers reviews or feedback .

This step helps to enhance the production , sale and marketing of the goods and services the company produces , which in turn increases the profit earned by the company .

Hence , from the given information of the question ,

The correct option is  d.  Market research .

3 0
3 years ago
the journal entry used to record the issuance of a discounted note for the purpose of borrowing funds for the business is:
Firdavs [7]

Answer:

Debit Cash and Interest Expense; Credit Notes Payable.

Explanation:

This Journal entry would increase Cash, Interest Expense; and Notes Payable. For example, a borrower would receive $9,901 (proceeds) for a $10,000 (face value) note discounted $101 the journal entry would be debit Cash $9,901, debit Interest Expense $101 and credit Notes Payable $10,000.

8 0
3 years ago
Productivity is declining when: A) the number of hours worked exceeds the number of workers. B) population growth exceeds real G
SOVA2 [1]

Answer: b. When population exceeds real GDP growth

Explanation:

Gross domestic growth(GDP) is the monetary value of all finished goods and services done within in a country over a period of time. When the population of a country exceeds what it produces there would be record in decline in productivity of the country. This is a serious problem as it could lead to other factors as scarcity(having high demand and low supply), it could lead to poverty as there won't be much jobs as production is not commensurate with population.

5 0
4 years ago
Read 2 more answers
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