Kline, Finkel, and Martinez have been partners for years, but a court is now dividing the assets and liabilities of the partnership separate from the assets and liabilities of the individual partners. This process is called:
A) liquidation.
B) marshaling assets.
C) winding up.
D) dissolution of the partnership.
B
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Armando is generally uncomfortable communicating feelings, yet he is constantly looking for cues of rejection in his partners. Armando is exhibiting which attachment style?
A. giving B. avoidant C. mean D. anxious
Stella is fifteen. In most states, for contractual purposes, Stella would be considered a minor until she is? A)?sixteen
B)?eighteen. C)?seventeen. D)?twenty-one.
Supply costs at Coulthard Corporation's chain of gyms are listed below: Client-Visits Supply CostMarch12,855 $23,598April12,283 $23,278May13,104 $23,742June12,850 $23,607July12,493 $23,415August12,794 $23,562September12,686 $23,496October12,765 $23,541November13,018 $23,687 Management believes that supply cost is a mixed cost that depends on client-visits. Use the high-low method to estimate the variable and fixed components of this cost. Compute the variable component first, rounding off to the nearest whole cent. Then compute the fixed component, rounding off to the nearest whole dollar. Those estimates are closest to:
A. $1.85 per client-visit; $23,547 per month B. $0.57 per client-visit; $16,273 per month C. $1.77 per client-visit; $557 per month D. $0.55 per client-visit; $16,579 per month
Under which of the following conditions could the overuse of financial leverage be detrimental to the firm?
A) In a stable industry. B) When there is cyclical demand for the firm's products. C) During an upswing in the business cycle. D) When there is low interest cost compared to return on assets.