A general creditor usually collects on a debt owed by an insolvent debtor by taking collateral from the debtor to sell for debt payment
a. True
b. False
Indicate whether the statement is true or false
False
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Describe Lewin’s stage of unfreezing.
What will be an ideal response?
Which of the following statements most closely reflects an attitude of etiquette?
A) People must treat others nicely in order to keep their jobs. B) Most people don't mind rudeness or poor manners because they know that work is demanding. C) A list of rules of etiquette posted in a workplace would be offensive to most people. D) Most of us like to work in a pleasant environment where people feel comfortable and valued.
Charlie Corp sold a truck for $15,000 cash. It was originally purchased for $50,000 and had accumulated depreciation of $30,000 at the time of sale. Prepare the journal entry for the sale of truck
What will be an ideal response
The ratings of a firm's bonds are based on:
A. the firm's ratio of current liabilities to total assets. B. the dividends paid in the last year by the firm. C. the earnings per share of the shareholders of subsidiary firms. D. exchange rate fluctuations of the U.S Dollar and Euro. E. no precise formula.