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2 years ago

What bankruptcy provision has the bank chosen? 45 POINTS

Business

1 answer:

Tanzania [10]2 years ago

5 0

Answer:

I think the bankruptcy provision the bank has chosen is chapter 7 because that provision entails selling company assets such as goods.

Explanation:

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What is the practice of banks and mortgage lenders identifying high-risk areas (usually low-income or minority neighborhoods) an

Bogdan [553]

Answer:

redlining

Explanation:

Redlining is an illegal banking practice that focuses on neighborhoods that are mostly inhabited by minorities. The term redlining itself comes from the practice of marking neighborhoods on city maps with red lines to represent them as dangerous both for banking purposes and high crime rates.

Banks cannot directly deny a credit based on where you live, but they can charge very high interest rates that make them very difficult to pay, or simply ask for a lot of paperwork and more requirements than usual.

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3 years ago

Allocation of Package Purchase Price Tamarack Company purchased a plant from one of its suppliers. The $1,000,000 purchase price

Novay_Z [31]

Answer:

The total purchase price of the plant allocated to the land, building, and machinery is $140,840, $509,707 and $355,453 respectively

Explanation:

The computation is shown below:

For land

= Total purchase price × appraisal value of land ÷ total appraisal value

= $1,006,000 × $126,000 ÷ $900,000

= $140,840

For building

= Total purchase price × appraisal value of building ÷ total appraisal value

= $1,006,000 × $456,000 ÷ $900,000

= $509,707

For machinery

= Total purchase price × appraisal value of land ÷ total appraisal value

= $1,006,000 × $318,000 ÷ $900,000

= $355,453

where, the total purchase price is

= $1,000,000 + $6,000

= $1,006,000

3 0

3 years ago

A credible online source is less likely to include

Nezavi [6.7K]

2) as opinions should be left out of factual articles and credible sources

7 0

3 years ago

Read 2 more answers

Western Company is preparing a cash budget for June. The company has $12,000 cash at the beginning of June and anticipates $30,0

topjm [15]

Answer:

$2,500

Explanation:

Opening balance $12,000

Cash receipts $30,000

Cash disbursement ($34,500)

Closing balance $7,500

Minimum cash balance $10,000

Borrowing amount(1$0,000-$7,500) $2,500

To maintain $10,000 cash balance western company need to borrow $2,500($10,000-$7500)

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3 years ago

"The time horizon to be used when constructing a portfolio to pay for college expenses for a person who is expected to start col

Karolina [17]

Answer:

15 years

Explanation:

If you are constructing a portfolio to cover the education expenses of your child and you expect that he/she graduates from college in 15 years, then the time horizon of your portfolio should be 15 years since it should cover all the expenses until your child graduates. If you start a little earlier and expect your child to graduate in 20 years, the time horizon will be 20 years, or if you start a little later and expect your child to graduate in 10 year, then the time horizon is 10 years.

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3 years ago