What does Emergency Medical System mean?

Answer EMS (Emergency Medical System) is a network of community responders and health care workers that:Recognise an emergency exists (general public or 1st responder)Call 911 or local emergency number (g... Read More »

Top Q&A For: What does Emergency Medical System mean

Where does a cash liquidation distribution go on the 1040 tax return?

You have to report cash liquidation distributions on Schedule D, Capital Gains and Losses, of Form 1040, according to OregonLive. The distributor will likely send you--and the Internal Revenue Serv... Read More »

What is a liquidation sale?

In a liquidation sale, a company typically sells all of its inventory.ReasonsLiquidation sales typically occur when a company files for bankruptcy and needs cash to pay off creditors. Financially s... Read More »

What is Chapter 7 liquidation?

When all else fails, you can still declare bankruptcy. However, it is important to realize that this is not an easy route out of a bad situation. There are several kinds of bankruptcy, and each add... Read More »

What is liquidation value?

A liquidation value is the estimated value of assets in a company should it be sold for cash, according to the Investor Glossary. The glossary reports that liquidation values come in two types: dis... Read More »