The plan of reorganization provides for the following: * Estimated reorganization value is $750,000. * Liabilities subject to compromise are replaced with $500,000 in notes payable and 60% of the new common stock issue. * Existing shareholders receive 40% of the new stock issue. * Noncurrent assets are written down by $300,000. The entry to record restructuring of the interests of prior shareholders results in a credit to additional paid-in capital of:

answer; ///i believe the correct answer is (c) laissez-faire;

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%

answer decisions made by individual households and firms;

consumer credit. an advantage is that it allows consumers to afford expensive goods and services now, increasing their standard of living. however, a disadvantage is that it creates a trap for debt, if people do not have self control, they may see themselves filing personal bankruptcy.