Which of the following is an advantage of a general partnership when compared to a corporation?
a. A partnership is more likely to have a positive net income.
b. The partnership is relatively inexpensive to organize.
c. Creditors to a partnership cannot attach personal assets of partners.
d. The partnership usually hires professional managers.
b
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Perdue's cogent reason why a target market should buy its chicken is "More tender golden chicken at a moderate premium price," also known as its ________
A) customer-focused value proposition B) competitive frame of reference C) points-of-parity D) straddle positioning E) perceptual map
Bentley Corporation received cash from issuing 17,000 shares of common stock at par on January 1, 2018. The stock has a par value of $0.05 per share. Which is the correct journal entry to record this transaction?
A) Cash is debited for $850, and Common Stock—$0.05 Par Value is credited for $850. B) Cash is credited for $17,000 and Common Stock—$0.05 Par Value is debited for $17,000. C) Paid-In Capital in Excess of Par—Common is debited for $16,150, and Common Stock—$0.05 Par Value is credited for $16,150. D) Cash is debited for $17,000, Common Stock—$0.05 Par Value is credited for $850, and Paid-In Capital in Excess of Par-Common credited for $16,150.
Which of the following indicates that the first cashflow is at the end of a period? Ordinary Annuity Annuity due
a. Yes Yes b. No Yes c. Yes No d. No No
When creating a "winning team" to prepare and deliver a team presentation,
a. "divvy up" the work into pieces and go through one complete practice prior to the presentation date. b. choose all members based on their presentation skills. c. determine whether each selected member will be committed to supporting the team strategy and schedule. d. use all of the above strategies.