The complement of an event A consists of all outcomes in the sample space not in A
Indicate whether the statement is true or false
TRUE
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Jack holds an ownership interest of 63% and Teresa holds an ownership interest of 37% in the J and T Partnership. This year, in order to further develop the business, Jack contributes an additional $6800 and Teresa contributes an additional $3200 to the partnership. Which of the following is TRUE of this scenario?
A) Either the total contribution of $10,000 or the contribution in relationship to the ownership interest ratio will be recorded. B) Only the total contribution of $10,000 will be recorded. C) Individual contributions of $6800 by Jack and $3200 by Teresa will be recorded. D) 63% of Jack's contribution and 37% of Teresa's contribution will be recorded.
Exxon Corporation declared and paid $90,000 of dividends to its shareholders during Year 3 . The statement of cash flows classifies the transaction as a(n)
a. investing activity. b. financing activity. c. operating activity d. exchange transaction. e. equity activity.
A franchise is a special kind of license which grants the rights to use trade marks, trade
names and a business system for products and services. Indicate whether the statement is true or false
Achieving successful make-to-order product designs requires that companies use technologies such as ______.
a. computer-aided design (CAD) b. process mapping c. Pareto analysis d. interchangeable parts