The capital account balances of a partnership are as follows: Sully, $30,000; Tony, $30,000; and Rally, $30,000 . If Pauly gives $36,000 cash to Rally to buy his partnership interest, the entry to record this transaction would include a

a. debit to Rally Capital, $30,000; b. debit to Rally Capital, $6,000; c. credit to Pauly Capital, $36,000; d. credit to Sully Capital, $2,000; e. debit to Cash, $36,000


A

Business

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The marketing concept is entirely consistent with serving only segments of the customer population

Indicate whether the statement is true or false

Business

When the new CEO took over, Indestructible Insurance saw several quick changes. The new CEO got rid of organizational layers, making everyone’s job seem more significant, and he changed to a more casual dress code. These changes are ______ that the CEO was trying to create a more empowering culture.

A. ceremonies B. symbols C. stories D. rituals

Business

Mark has recently been given the position of operational supervisor. One of Mark’s employees, Sonya, is very insecure about her capabilities and sometimes gets very frustrated. She has even yelled at her coworkers when frustrated. Mark, on the other hand, is very good at handling difficult situations by staying calm, secure, and positive. Mark and Sonya appear to be at opposite ends of the continuum of which of the Big Five personality dimensions?

a. openness b. conscientiousness c. emotionalism d. extroversion

Business

Calculate the cost of goods manufactured using the following information:     Direct materials used$298,500 Direct labor used 132,000 Factory overhead costs 264,000 General and administrative expenses 85,500 Selling expenses 48,800 Work in Process inventory, January 1 118,500 Work in Process inventory, December 31 125,900 Finished goods inventory, January 1 232,100 Finished goods inventory, December 31 238,700 

A. $701,900. B. $772,600. C. $687,100. D. $680,500. E. $674,600.

Business