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prohojiy [21]
2 years ago
12

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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For each of the following, determine the amount of net income or net loss for the year. a. Revenues for the year totaled $71,300
Anika [276]

Answer:

a) Net income of $35,800

b) Net income of $45,000

c) Net loss of $23,000

d) Net income of $23,950

Explanation:

Net income is the difference between the revenue and expense.

Where revenue is more than expense, we have a net income otherwise, a net loss.

a) Net income = $71,300 - $35,500

= $35,800

b) Net income =  $220,500 - $175,500

= $45,000

c) Net loss =  $149,000 - $172,000

= - $23,000

d) Net income = $198,150 - $174,200

= $23,950

4 0
3 years ago
A company borrowed cash from the bank by signing a 6-year, 6% installment note. The present value of an annulty factor at 6% for
drek231 [11]

Answer:

A

Explanation:

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow each year from year 1 to 6 = $75,200

I = 6%

PV = $369,780.96.

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

6 0
3 years ago
What type of insurance would you consider the most important?
kolezko [41]
Life Insuarance because you would be able to pay for your grave, wouldnt have to rely on your family members to collect money.
8 0
3 years ago
Jeff was in a department store standing near a clothing rack. Store security felt that he was acting suspiciously because he was
liraira [26]

Answer:

c. No; the facts of this situation do not provide reasonable grounds for a stop and search. Any attempt to do so by store security could result in a claim of false imprisonment.

Explanation:

According to the situation described in the question above, store security has no right to stop and search for Jeff. Therefore, the letter c is the most correct answer to this question.

Jeff's actions in the store do not provide sufficient reasons for there to be any kind of stop and research, as the facts in the situation do not provide enough information about an illegal act, so if store security forces a situation there could be legal damage to the store .

Therefore, it is essential that stores adopt a theft prevention strategy, with an effective security system and a team prepared to carry out correct approaches.

4 0
3 years ago
An industrial union: is most concerned with increasing the demand for workers in an industry restricts supply of labor through l
WARRIOR [948]
I think the correct answer is the third option.   An industrial union organizes a wide range of skilled and unskilled workers in an industry. It is a group where all workers regardless of position of a particular industry are to be members. These are organized in order to gain a bargaining power especially in strike events.
6 0
4 years ago
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