A _____ is a partnership arrangement that includes at least one general partner and at least one limited partner.
A. general partnership
B. limited partnership
C. joint liability partnership
D. mutual-bondage partnership
Answer: B
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A temporary coalition operates for a short period of time and is usually focused around a single issue or problem.
Answer the following statement true (T) or false (F)
Inscribe, Inc. manufactures and sells pens for $7 each. Cubby Corp. has offered Inscribe, Inc. $4 per pen for a one-time order of 3600 pens. The total manufacturing cost per pen, using absorption costing, is $1 per unit and consists of variable costs of $0.85 per pen and fixed overhead costs of $0.15 per pen. Assume that Inscribe, Inc. has excess capacity and that the special pricing order would not adversely affect regular sales. What is the change in operating income that would result from accepting the special pricing order?
A) increase of $10,800 B) decrease of $10,800 C) increase of $11,340 D) decrease of $11,340
Match each term with the correct statement below.
a. operating activities b. investing activities c. financing activities d. current ratio e. quick ratio f. return-on-sales ratio g. return-on-equity ratio h. debt-to-equity ratio 1. A liquidity ratio that is also called the acid-test ratio 2. Activities identified on the statement of cash flows that include issuing new stock and paying dividends 3. A financial ratio that measures the firms ability to pay its long-term debts 4. A financial ratio that shows the strength of a company’s working capital 5. A financial ratio that measures the return the company earns on every dollar of investment 6. Activities identified on the statement of cash flows that indicate cash flow from the firm’s primary revenue-generating activities
How did Uber conflict with Carnegie Mellon University's National Robotics Engineering Center (NREC)?
A. Uber promised a large donation to NREC but then reneged on the offer when NREC would not provide Uber with researchers. B. Uber allegedly stole ideas from the NREC research team and then claimed that these ideas were generated by their own researchers. C. Uber poached entire NREC research teams with signing bonuses, twice the salaries, and stock options, thereby threatening the future of NREC. D. Uber bribed NREC officials to give permission for building an extension to the NREC facility that focuses solely on Uber research.