Complete the following practice exercises from Chapter 1 and 2 and submit them to your instructor. This assignment will be graded as a completion only to allow you to transition into the subject matter during the first week. The instructor will post the answers to these exercises by the end of Day 6 for you to check your accuracy and comprehension on the subject matter. Exercises: 1-2, 1-4, 1-9, 1-12, 1-18, 2-1, 2-3, 2-19, 2-22, 2-25.;1-2;a) Business liquidation is when/ if a business fails, the remaining assets are sold to create money to pay off creditors and investors.;b) Brandy?s creditors will receive $1,200;c) Brandy?s investors would receive zilch.;1-4;Identities were Cash Accts;Carlos Buesco loss of $30,000;Buesco Enterprises, gains $134,000 initially, but ends up with $12,000 after all is done.;State Bank of Texas, Losses $40,000;James Bright, Losses $64,000 but gains % of business interest;Leigh Realty Co.
Paper#20490 | Written in 18-Jul-2015Price : $27