Terri Hall, CPA, is an unsecured creditor of Tree Co. for $16,000. Tree has a total of 10 creditors, all of whom are unsecured. Tree has not paid any of the creditors for 3 months. Under Chapter 11 of the federal Bankruptcy Code, which of the following statements is true?
A. Hall and two other unsecured creditors must join in the involuntary petition in bankruptcy.
B. Hall may file an involuntary petition in bankruptcy against Tree.
C. Tree may not be petitioned involuntarily into bankruptcy under the provisions of Chapter 11.
D. Tree may not be petitioned involuntarily into bankruptcy because it has fewer than 12 unsecured creditors.

Transactions that affect earnings do not necessarily affect cash. identify the effect, if any, that each of the following transactions would have upon cash and net income. the first transaction has been completed as an example. (if an amount reduces the account balance then enter with negative sign preceding the number e.g. -15,000 or parentheses e.g. (15, cash net income (a) purchased $120 of supplies for cash. –$120 $0 (b) recorded an adjustment to record use of $35 of the above supplies. (c) made sales of $1,370, all on account. (d) received $700 from customers in payment of their accounts. (e) purchased equipment for cash, $2,450. (f) recorded depreciation of building for period used, $740. click if you would like to show work for this question: open show work

A4-year project has an annual operating cash flow of $59,000. at the beginning of the project, $5,000 in net working capital was required, which will be recovered at the end of the project. the firm also spent $23,900 on equipment to start the project. this equipment will have a book value of $5,260 at the end of the project, but can be sold for $6,120. the tax rate is 35 percent. what is the year 4 cash flow?

What is used by accountant to analyze transactions ?