Bess wishes to appeal a decision of a bankruptcy court. Bess may appeal to

a. no court—there is no appeal from a bankruptcy court decision.
b. a federal district court.
c. the U.S. Supreme Court.
d. a state court.


b

Business

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On a deposit ticket, checks must be listed in numerical order

Indicate whether the statement is true or false

Business

Use the following information as of December 31 to determine equity.Cash$58,000? Buildings 176,000? Equipment 207,000? Liabilities 142,000??

A. $299,000. B. $142,000. C. $441,000. D. $58,000. E. $583,000.

Business

A simple CPM network has five activities, A, B, C, D, and E. A is an immediate predecessor of C and of D. B is also an immediate predecessor of C and of D. C and D are both immediate predecessors of E. Which of the following statements is true?

A) There are two paths in this network. B) There are four paths in this network. C) There are five paths in this network. D) There are 25 paths in this network. E) There are six paths in this network.

Business

Which of the following statements is CORRECT?

A. Suppose a firm is operating its fixed assets at below 100% of capacity, but it has no excess current assets. Based on the AFN equation, its AFN will be larger than if it had been operating with excess capacity in both fixed and current assets. B. If a firm retains all of its earnings, then it cannot require any additional funds to support sales growth. C. Additional funds needed (AFN) are typically raised using a combination of notes payable, long-term debt, and common stock. Such funds are non-spontaneous in the sense that they require explicit financing decisions to obtain them. D. If a firm has a positive free cash flow, then it must have either a zero or a negative AFN. E. Since accounts payable and accrued liabilities must eventually be paid off, as these accounts increase, AFN as calculated by the AFN equation must also increase.

Business