kijhytg7203 kijhytg7203

03-06-2023
Business

contestada

Company A has the following Data:
Current assets 100.000
Non current assets 400.000
Current liabilities 110.000
Non current liabilities 385.000
Equity 5.000
They experience delays in their payments and negative results. The delay in payments is a bit more than 2 months.
Would you suggest the company to file for chapter 7 or for chapter 11, please explain why?

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