Property acquired by the partnership is the property of the partners individually.
Answer the following statement true (T) or false (F)
False
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Answer the following statements true (T) or false (F)
1.Both the Ricardo model of comparative advantage and the Heckscher-Ohlin theory assert that trade patterns are largely the result of differences in endowments of factors of production. 2.Brazil is labor abundant relative to Germany if the ratio of labor to capital in Brazil is higher than that in Germany. 3.The Heckscher-Ohlin model assumes that tastes and preferences, and also factor endowments, are identical for trading nations. 4.In his test of the Heckscher-Ohlin model, W. Leontief found that, although the United States was perceived as being capital abundant relative to the rest of the world, U.S. exports were less capital intensive than import-competing goods. 5.The Heckscher-Ohlin theory asserts that trade should occur with different factor endowments. This theory is most accurate when explaining trade patterns between industrialized countries and developing countries.
The bankruptcy type that is most common is Chapter 7 bankruptcy.
Answer the following statement true (T) or false (F)
Which of the following is a major assumption that is embedded in the capital asset pricing model (CAPM), which is often used to estimate the cost of retained earnings, rs?
A. All investors are well diversified. B. The firm's dividends and earnings grow at a constant rate far into the future. C. The firm's cost of equity and its cost of debt are always equal. D. The firm's cost of retained earnings must be less than its cost of preferred stock for the CAPM to provide a reasonable estimate for rs. E. Investors primarily purchase stocks with beta coefficients equal to zero.
Joetz Corporation has gathered the following data on a proposed investment project (Ignore income taxes.): Investment required in equipment$30,000 Annual cash inflows $6,000per yearSalvage value of equipment$0 Life of the investment 15yearsRequired rate of return 10%The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial investment.The payback period for the investment is:
A. 2 years B. 7.143 years C. 5 years D. 15 years