User Account

All Pages

Percentage of the liabilities before liquidation

Assignment Help Macroeconomics
Reference no: EM131083206

Caroline is owed £7,400 by Lopez, who is declared bankrupt. Caroline finds she is an unsecured creditor and eventually receives only £1,184 in payment.

Calculate:

(a) the rate in the £ which is payable to unsecured creditors

(b) the amount received by an unsecured creditor who is owed £5,750

(c) the amount owed to an unsecured creditor who is paid £2,880

The total owed to unsecured creditors by Lopez is £220,500

He also owes £26,000 to secured creditors

The expenses of winding up the business are £5,260

(d) Calculate the value of the trader's assets achieved at liquidation.

(e) Express this value of the assets as a percentage of the liabilities before liquidation.

Reference no: EM131083206

Questions Cloud

What questions should be asked before praising : A sales force is proud of having doubled sales in the past four years. What questions should be asked before praising them?
What are the ceos and cfos alternatives : Who are the stakeholders in this situation? Should the CEO and CFO sign the certification? Explain why or why not. What are the CEO's and CFO's alternatives?
Broker rate of commission on sale : At the end of 3 years, the shares were sold for £4.10 per share. The broker's rate of commission on sale was 0.85%, and was calculated on the nominal value.
What is the potential capability of the given process : What is the potential capability of this process? Items that are produced below the lower specification limit must be scrapped, while items that are above the upper specification limit can be reworked.
Percentage of the liabilities before liquidation : Calculate the value of the trader's assets achieved at liquidation. Express this value of the assets as a percentage of the liabilities before liquidation.
Calculate the minimum difference in standard electrode : Calculate the minimum difference in standard electrode potentials needed to lower the concentration of the metal M1 to 2.00×10-4 M in a solution that is 1.00×10-1 M in the less-reducible metal M2 where
Quantity demanded in a market : What describes prices or quantity not at equilibrium; when quantity supplied is not equal to quantity demanded in a market?
How would you get them to change their way of thinking : Assuming that you are happy to work with the management team at GVS, how would you get them to change their way of think-ing about their business?
Formalized career development system : What are the individual and organizational benefits of a formalized career development system?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd