________ describes a legal state whereby a firm cannot pay its creditors

A) Capital distress
B) Bankruptcy
C) Liquification
D) Capital structure


B

Business

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The Bears Corporation has provided you the following information: Increase in accounts receivable balance 50,000 Net sales  500,000 Gross profit as a percentage of net sales 40%Increase in the inventory account 45,000 Accounts payable balance decreased 17,000 Accounts receivable writeoffs 7,500 Bad debt expense 10,000 Required:  Determine the cash collected from customers.Determine the cash paid to suppliers.

What will be an ideal response?

Business

Morboro Energy, Inc. is a large chain of fuel stations in Europe. The company decided to expand its business by incorporating restaurants and automobile service stations as a part of its fuel outlets. This is an example of ________

A) lateral marketing B) brand extension C) market development D) internal marketing E) brand personification

Business

Answer the following statements true (T) or false (F)

1. The recent structural trend is toward a taller organizational hierarchy. 2. Sabotage can be a form of resistance to change in the workplace. 3. Mistrust between change agents and employees can cause failure of well-conceived changes. 4. Innovative change is the least threatening type of change and is therefore least likely to create resistance.

Business

Unplanned use of boldface can occur when a writer writes a paragraph and then ___________

a. mistypes the conclusion b. decides to add boldface after writing c. lets an editor change it d. forgets where it should be placed

Business