Where would you categorize strengths in a SWOT analysis?
A. Internal, harmful
B. Internal, helpful
C. External, harmful
D. External, helpful
Answer: B
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Farrell and Jimmy enter into a partnership agreement on May 1, 2018. Farrell contributes $30,000 and Jimmy contributes $140,000 as their capital contributions. They decide to share profits and losses in the ratio of their respective capital account balances. The net income for the year ended December 31, 2018 is $40,000. Which of the following amounts should be credited to Jimmy's capital account? (Do not round any intermediate calculations. Round your final answers to the nearest dollar.)
round any intermediate calculations. Round your final answers to the nearest dollar.) A) $70,000 B) $40,000 C) $32,941 D) $7059
Answer the following statements true (T) or false (F)
Both exit value and replacement cost are valuation systems that fall into the current value category.
Arturo Sales purchased some equipment for $12,000 by issuing a six-month note payable. This will appear in the non-cash investing and financing activities section of the statement of cash flows
Indicate whether the statement is true or false
Which product design principle permits the practice of postponement?
A) Standardization B) Specialization C) Modularization D) Simplification