1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pav-90 [236]
4 years ago
15

Known popularly by its section in the Federal Bankruptcy Code, which of the following types of bankruptcy is the traditional for

m of bankruptcy wherein the court simply liquidates the assets of the debtor and distributes the proceeds to creditors in proportion to their share of total claims?
Business
1 answer:
Step2247 [10]4 years ago
6 0

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.

You might be interested in
Plattsburgh Tech’s annual demand is 3,000 units which costs $30 per unit. You are in charge of inventory management of Plattsbur
padilas [110]

Answer:

a. 320 units

b. $1,920

Explanation:

EOQ = √ 2 × Annual Demand × Ordering Cost per Order / Holding Cost per unit

        = √ (2 × 3,000 units × $102.40 / ($30 × 20%))

        = 320 units

total inventory cost = ordering cost + holding cost

                                = 3,000 units/ 320 units  × $102.40 + 320 units/ 2 × ($30 × 20%

                                = $960 + $960

                                = $1,920

8 0
4 years ago
Latoya as 50 shares of stock in ABC company worth $35.75 a share, a car worth about $5,600, and a collection of figurines worth
patriot [66]

Answer:

$ 9,387.50

Explanation:

An asset is any item that the owner considers valuable.

Shares , the cars and figurines are assets as Latoya can attach a value to them.

Total value of the shares = 50 x 35.75 = 1, 787.5

Value of the car = $5,600

Figurines = $ 2,000

Total value of assets = 1,787.50+ $5,600 + $2,000

=$ 9,387.50

8 0
4 years ago
Stacy is going to the store to buy milk and cereal. She will most likely use ____ in her consumer decision-making process.A) Rou
alexira [117]

Answer:

Letter A is correct. <u>Routine response behavior.</u>

Explanation:

Routine response behavior is a buying decision making process characterized by the act of a consumer purchasing a product or service that he has previously purchased, ie, it is configured as a usual buying scenario, the consumer already has experience buying certain products. and the purchase decision occurs automatically and routinely.

Generally this buying behavior occurs with non-durable consumer goods, which are those used consistently by the consumer, such as food, medicines and cleaning products.

4 0
3 years ago
Maddie has been working as the creative head at Juno Designs for the past 25 years. Although she likes her job, she has begun to
Llana [10]

Answer: continuance commitment

           

Explanation: In simple words, continuance commitment refers to the situation when an individual working as an employee in an organisation does not want to leave it due to the costs involved in taking the decision.

  In the given case, Maddie is going to retire in five years, if she leaves now she will loose the retirement benefits also the uncertainty regarding the new project is high leading to heavy opportunity costs.

7 0
3 years ago
Suppose a president of a country uses $450 million to build public schools. The expenditure is entirely financed by borrowing. T
dem82 [27]
950 million dollars every year
7 0
3 years ago
Other questions:
  • You expect that an investment could gain or lose as much as 20% in a year. Your investment is $5,000. What is the lowest value y
    11·1 answer
  • Jorge is creating a directory of student phone numbers and addresses. He performed a query to obtain the data he will include. H
    8·2 answers
  • The first step in the decision-making process is A. evaluating the alternatives. B. evaluating the effectiveness of the chosen a
    13·1 answer
  • PowerCruise, a holiday cruise firm, recently offered its existing customers, who had registered for a two-year membership, an ex
    7·1 answer
  • Ultra high performance concrete (UHPC) is a relatively new construction material that is characterized by strong adhesive proper
    7·1 answer
  • When customers buy computers at Maalik's store, he offers a service package at a discounted rate. Additionally, he has an ongoin
    8·1 answer
  • Under autarky a country produces three goods: oranges, books, and calculators. The price of oranges is $1. If the wage is equal
    13·1 answer
  • ________ refers to billboards along streets and highways, as well as posters in other public locations.A) Outdoor advertisingB)
    7·1 answer
  • In 2020, Monty Corporation had net cash provided by operating activities of $486,000, net cash used by investing activities of $
    14·1 answer
  • To effectively run her company, Machi applies the ________, a management style the views her firm as an interdependent collectio
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!