Xavier and Yolanda have original investments of $50,000 and $100,000 respectively in a partnership. The articles of partnership include the following provisions regarding the division of net income: interest on original investment at 10%, salary allowances of $27,000 and $18,000 respectively, and the remainder equally. How much of the net loss of $6,000 is allocated to Yolanda?
a. $1,000
b. $3,000
c. $5,000
d. $0
c
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______ touch demonstrates platonic affection and support.
a. Love/intimate b. Social/polite c. Functional/professional d. Friendship/warmth
Explain why the lower of cost or market rule is used to value inventory.
What will be an ideal response?
Which of the following statements is true?
a. Relations-oriented behaviors are most important to leader effectiveness. b. Task-oriented behaviors are most important to leader effectiveness. c. A blend of relations- and task-oriented behaviors is key to leader effectiveness. d. Neither relations- nor task-oriented behaviors is important to leader effectiveness.
In negotiated transfer pricing, the selling division sets the ceiling (maximum possible transfer price) for the bargaining range
Indicate whether the statement is true or false