A general partnership is a business organization made up of four or more persons called limited partners
a. True
b. False
Indicate whether the statement is true or false
False
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Rick Tuan has a unique problem. He must persuade a good friend to stop smoking. He knows that if he just says "Quit," his message will be rejected. Instead, Rick chooses to offer a ________ message in which he presents the positives and negatives of quitting smoking. He feels sure that his approach will have a greater likelihood of success with his friend.
A) supportive B) low-involvement C) two-sided D) refutational
If net cash flows from operating activities total $104,000, purchases of plant assets total $30,000, dividends total $12,000, and sales of plant assets total $17,000, the free cash flow equals
a. $79,000. b. $163,000. c. $105,000. d. $45,000.
Samsung has been relatively happy with sales of its Galaxy S8 phone. However, when Apple came out with the newest iPhone, Samsung released advertisements marketing all of the features and benefits its Galaxy phone has to offer. Samsung's promotional objective is to
A. combat competitive promotional efforts. B. identify prospects. C. stimulate demand. D. create awareness. E. retain loyal customers.
Sheddon Industries produces two products. The products' identified costs are as follows: Product A Product BDirect materials$20,000 $15,000Direct labor 12,000 24,000 The company's overhead costs of $108,000 are allocated based on direct labor cost. Assume 4,000 units of product A and 5,000 units of Product B are produced. What is the cost per unit for product B? (Do not round intermediate calculations.)
A. $22.20 B. $16.80 C. $7.80 D. None of the answers are correct.