As the beneficiary of a business trust, Kevin's liability for trust debts and obligations is

a. limited to his capital investment in the trust.
b. limited to his personal assets.
c. nothing.
d. unlimited.


C

Business

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Madison Corporation sells three products (M, N, and O) in the following sales mix: 3:1:2. Unit price and cost data are:  M N OUnit sales price$7 $4 $6Unit variable costs 3  2  3Total fixed costs are $340,000. The break-even point in sales dollars for the current sales mix is (round to the nearest thousand):

A. $289,000. B. $400,000. C. $740,000. D. $629,000. E. $ 20,000.

Business

An electrical power system consists of four major components with reliabilities of 0.99, 0.94, 0.92, and 0.95. In order to improve the reliability, a backup component of reliability 0.92 is added to Component 3. Compute and indicate the overall reliability of the system.

a. 0.87 b. 0.88 c. 0.99 d. 0.88

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What is the total amount budgeted for March in this time-phased budget?

Activity January February March April Survey 8,000 Design 5,250 4,500 Dirt 6,700 Foundation 12,550 Framing 37,250 Plumb 7,800 Wire 5,500 A) $37,250 B) $82,050 C) $41,000 D) $45,050

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A(n) ____________________ system supports the purchase of goods and raw materials from suppliers for the manufacturing of products.

Fill in the blank(s) with the appropriate word(s).

Business