An advantage of a single-queue configuration is that customers have an opportunity to select a particular service provider.
Answer the following statement true (T) or false (F)
False
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Assume, after all accounts have been brought up to date, that Partner A has a capital balance of $40,000, Partner B has a capital balance of $30,000 and Partner C has a capital balance of $35,000 . Partner B withdraws with a cash settlement of $40,000 . The partnership agreement states that any gain or loss is divided according to the ratio of their capital interests. How will Partner A's and
Partner C's capital accounts be affected? a. Partner A increased $5,000 and Partner C increased $5,000. b. Partner A decreased $5,000 and Partner C decreased $5,000. c. Partner A increased $5,333 and Partner C increased $4,667. d. Partner A decreased $4,667 and Partner C decreased $5,333. e. Partner A decreased $5,333 and Partner C decreased $4,667.
A company issues bonds with a $100,000 par value, an 8% annual contract rate, semiannual interest payments, and a five year life. The bonds sold for $107,850. The entry to record the issuance of the bonds will include:
A. A credit to Cash of $100,000. B. A credit to Premium on Bonds Payable of $7,850. C. A debit to Discount on Bonds Payable of $7,850. D. A debit to Interest Expense of $7,850. E. A credit to Bonds Payable of $107,850.
A party requesting assurance of performance from the other party remains obligated to perform
its own obligations even if adequate assurance is not received from the other party. Indicate whether the statement is true or false
It is commonly accepted that the industry average for a ratio is the ideal goal for a financial
manager to achieve. Indicate whether the statement is true or false