Kris is a member of Laboratory Services, LLC, a limited liability company. Kris can participate in the firm's management
A. only to the extent that she assumes liability for the firm's debts.
B. only to the extent of her investment in the firm.
C. to any extent.
D. to no extent.
Answer: C
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Indicate whether the statement is true or false
A small family-owned restaurant uses a seven-day moving average model to determine manpower requirements. These forecasts need to be seasonalized because each day of the week has its own demand pattern
The seasonal indices for each day of the week are: Monday 0.445; Tuesday 0.791; Wednesday 0.927; Thursday 1.033; Friday 1.422; Saturday 1.478; and Sunday 0.903. Average daily demand based on the most recent moving average is 194 patrons. What is the seasonalized forecast for each day of next week?
Dandy Lyin' Furniture Store borrows $100,000 at 6 percent interest from Easy Loan Company and signs a promissory note for that amount. Easy changes the amount of the note to $120,000 and increases the rate to 8 percent. Easy materially altered the note when it changed
A. neither the amount nor the interest rate B. the amount and the interest rate. C. the amount only. D. the interest rate only.
What are hybrid costing systems? Under what circumstances might a company use a hybrid system?
What will be an ideal response?