A sharing of profits from the ownership of property creates a presumption that a partnership exists
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
As a result of a stock split,
a. an entry must be made showing the effect on stockholders' equity. b. the market price of the outstanding stock will increase because a split is evidence of a profitable company. c. the par value of the stock is changed in the reverse proportion as the stock split. d. the stockholders have a higher proportionate ownership of the company.
United States Sentencing Commission (USSC) prescribed mandatory ________ that apply to individual and organizational defendants in the federal system, bringing some amount of uniformity and fairness to the system.
What will be an ideal response?
Boulware Company's budgeted production calls for 5,000 units in October and 8,000 units in November. Each unit requires 8 pounds (lbs.) of raw material A. Each month's ending inventory of raw materials should equal 20% of the following month's budgeted materials requirements. The October 1 inventory for this material is 8,000 pounds. What is the budgeted materials purchases in pounds for October?
A. 60,800 lbs. B. 40,000 lbs. C. 52,800 lbs. D. 44,800 lbs. E. 35,200 lbs.
Manufacturability and value engineering has which of the following benefits?
I. Reduced complexity of the product II. Reduction of environmental impact III. Additional standardization of components IV. Robust design V. Improved job design and safety A) I, III, V B) II, IV C) I, III, IV D) IV E) I, II, III, IV, V