In 2005, bankruptcy reform laws:
A: made student loans dischargeable in bankruptcy
B: required debtors to pay more of their debts in bankruptcy
Answer:
B: required debtors to pay more of their debts in bankruptcy
Explanation:
The Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) which was passed in 2005, reviewed the bankruptcy process in America.
This law was reviewed because it wanted to prevent abuse of the bankruptcy process.
Therefore, In 2005, bankruptcy reform laws required debtors to pay more of their debts in bankruptcy.
"Financial Manager" would most likely require a college degree.
Financial managers are in charge of the money related well-being of an association. A four year degree in finance (bachelor), bookkeeping, financial aspects, or business organization is usually the least qualification required for Financial managers. However, numerous businesses currently look for individuals with a master degree, ideally in business studies, finance etc.
Available Options Are:
a. Cost of Goods Sold
b. Net Profit Margin
c. None of these
d. Asset Turnover
Answer:
Option B. Net Profit Margin
Explanation:
The increase or decrease in cost of Goods sold can not tell whether the return on assets has increased or decreased becuase it would only tell that the expense are decreased or increased not the profit. Which means it only tells one side of the story hence Option A is incorrect.
Option B is correct because it talks about the profit. If the manufacturing cost has been decreased then the it must increase the profit. Because if the profits has increased then the return on asset will increase. Hence the Option B is correct here.
Option D is incorrect because asset turnover formula is:
Asset Turnover = Sales / Total Assets
The decrease in manufacturing cost will not increase the sales because sales and total assets are independent of manufacturing expenses hence the Option D is incorrect.
company B has the greater operating leverage
What is operating leverage?
A cost-accounting method called operating leverage assesses how much a company or project can raise operating income by raising revenue. A company with significant operating leverage creates sales with a high gross margin and low variable costs.
The break-even point of a business is determined using operating leverage, which also aids in determining the right selling prices to cover all expenditures and make a profit.
Regardless of whether they sell any units of product, businesses with significant operational leverage must cover a bigger amount of fixed costs each month.
Low-operating-leverage businesses may have high variable costs that are directly related to sales, but they also have fewer monthly fixed expenses.
Learn more about operating leverage with the help of given link:-
brainly.com/question/6238482
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Salutations!
To balance columns, a _____ is inserted at the end of the text on a page.
To balance columns, a continuous section break is inserted at the end of the text on a page.
Hope I helped!