Lexi invests $80,000 for a one-fourth interest in a partnership in which the other partners have capital totaling $160,000 before admitting Lexi. After distribution of the bonus, what is Lexi's capital balance?
A) $20,000
B) $40,000
C) $60,000
D) $80,000
C
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Which of the following represents the three basic strategies for targeting markets?
A. primary targeting, secondary targeting, and specialized marketing B. demographic targeting, geographic targeting, and psychographic targeting C. targeting by product, targeting by price, and targeting by customer D. undifferentiated targeting, differentiated targeting, and niche marketing E. print advertising, sales promotion, and public relations
Your résumé should include your volunteer work to show how your skills are transferable to the workplace
Indicate whether the statement is true or false
A conservative financing approach to working capital will result in permanent current assets and some seasonal current assets being financed using long-term securities.
Answer the following statement true (T) or false (F)
Which of the following is a characteristic of a strategic partnership?
A. It allows multiple parties to share the risks and expenses. B. It can accommodate only a small number of participants. C. It provides access to new markets and technologies. D. It prevents rival firms from collaborating.