What are the advantages and disadvantages of short-term financing? Explain the advantages and the pitfalls of balance transfers (0% APR offers for a limited time). What do you need to watch out for? What are the dangers and disadvantages of usin...
If you have, or want, a job in which you will be privy to sensitive information, you'll need a security clearance. During the security clearance process, you'll be asked a number of questions about your financial situation, including about bankruptcy. Military and government agencies are conce...
What are the advantages and disadvantages of using forward contracts instead of swap contracts to manage a company's foreign exchange rate risk? Describe a put option on interest rate futures. How does it differ from selling a futures contract?
Disadvantages of bankruptcy Filing for bankruptcy is a major decision, so it’s important to consider the downsides before filing. Loss of property With any chapter of bankruptcy, individuals may be required to give up their personal possessions to repay creditors. Property could include their home...
What are the disadvantages of a joint brokerage account? The bottom line: Should you get a joint brokerage account? What Are the Available Ownership Options for a Joint Brokerage Account? A joint brokerage account is shared by two or more individuals, but the specific ownership structure ...
What Are the Disadvantages of a High Debt-to-Equity Ratio?. A debt-to-equity ratio measures the amount of debt a company uses to fund its business for every dollar of equity it has. The ratio equals total liabilities divided by total stockholders' equity
What are the disadvantages of an LLC? The disadvantages of an LLC are minor compared to its benefits. If you own your business alone, forming an LLC can sometimes be more costly than maintaining sole proprietor status. You may need to pay annual reporting and franchise tax fees that wouldn’...
Poor diet and lack of proper nutrition. Backache, headache, or other body aches. Carpal tunnel and computer vision syndrome. Obesity and other health problems. If real-life money is used in the addiction (e.g., gambling or shopping), unpaid bills and bankruptcy may result.Arguments...
However, one must remember that that are disadvantages of excessive working capital. Having an abundance results in unused funds that don’t generate profits for the business, thereby preventing the business from achieving a satisfactory return on its investments. What is the formula of working capit...
Chapter 7, also referred to as liquidation bankruptcy, is when the court appoints a trustee to oversee the sale of as many of debtor's assets as are needed to pay their creditors.Unsecured debt, such as credit card debt, is usually erased. However, Chapter 7 does not forgive any tax obl...