1. Read the scenarios below to decide whether or not bankruptcy would be appropriate for the business. Be sure to explain your answer.
a. Sara owns Sara's Sofas, a furniture store in a small city. She has 10 employees who work on a 50
percent commission, and rents the store front for $2,000 per month. All utilities, such as electric and
heat, are included in the monthly rent. Sara's salary is 60 percent of the store's profits. At the end of her
fiscal year, Sara discovered that two of the manufacturers have not been paid for shipments of furniture
to her store. The budget does not include the shipments, and she is unable to pay them. She decides to
declare bankruptcy so the debts will be forgiven. (2 points)

Cosmetic profits. sally is the executive vice president of big name cosmetics company. through important and material, nonpublic information, she learns that the company is soon going to purchase a smaller chain of stores. it is expected that stock in big name cosmetics will rise dramatically at that point. sally immediately buys a number of shares of her company's stock. she also tells her friend alice about the expected purchase of stores. alice wanted to purchase stock in the company but lacked the funds with which to do so. although she did not have the funds in bank a, alice decided to draw a check on bank a and deposit the check in bank b and then proceed to write a check on bank b to cover the purchase of the stock. she hoped that she would have sufficient funds to deposit before the check was presented for payment. of which of the following offenses, if any, is alice guilty of by buying stock?

At cooly cola, we are testing the appeal of our new diet one cola. in a taste test of 250 randomly chosen cola drinkers, 200 consumers preferred diet one cola to the leading brand. assuming that the sample were large enough, the large-sample 95% confidence interval for the population proportion of cola drinkers that prefer diet one cola would be:

Florence invested in a factory requiring. federally-mandated reductions in carbon emissions. how will this impact florence as the factory's owner? a. her factory will be worth less once the upgrades are complete. b. her factory will likely be bought by the epa. c. florence will have to invest a large amount of capital to update the factory for little financial gain. d. florence will have to invest a large amount of capital to update the factory for a large financial gain.