Question
Please show detailed solution: Company A has the following Data: Current assets 100.000 Non current assets 400.000 Current liabilities 110.000 Non current liabilities 385.000 Equity
Please show detailed solution:
Company A has the following Data:
Current assets 100.000
Non current assets 400.000
Current liabilities 110.000
Non current liabilities 385.000
Equity 5.000
They experience delays in their payments and negative results. The delay in payments is a bit more than 2 months.
Would you suggest the company to file for chapter 7 or for chapter 11, please explain why?
Company B has the following Data:
Current assets 11.000
Non current assets 40.000
Current liabilities 46.000
Non current liabilities 15.000
Equity -10.000
The market value of the Non-current assets is 60.000, current assets and liabilities have the same value in the books than in the market.
Company A acquires company B for a price of 120.000 with a loan from a Bank.
Show the Balance Sheet of the merged company.
Should the company file for Chapter 7/11, explain why.
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Essentials Of Internal Auditing CIA Part 1 2021
Authors: Muhammad Zain
1st Edition
B09B36MRH2, 979-8542949130
