Adrianna and Trevor have formed a partnership without a partnership agreement. Trevor contributes twenty percent of the partnership capital and does sixty percent of the work

If the partnership earns a profit of $10,000 after its first year, how much of the profit can Adrianna legally claim?
A) $8,000
B) $2,000
C) $5,000
D) $4,000


C

Business

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The gross accounts receivable less the allowance for doubtful accounts is known as the _________________________

Fill in the blank(s) with correct word

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Which of the following should be followed when writing recommendation letters?

A) Omit any negative information. B) Only verify dates of employment and job titles. C) Never collaborate with the former employee in developing the letter. D) Understand your company's policy on letters of recommendation to avoid legal complications. E) Never offer to provide a personal reference.

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How does the text define the concept of “power”?

a. the increasing capacity for action that comes with higher positions in the hierarchy b. the possession of strong influence over the actions of others c. the ability to act, create an effect, or wield force d. the ability to change the course of human events

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Which of the following is NOT a requirement of strategic capacity planning?

a. forecasting demand over several years b. looking at demand and growth trends c. looking at cyclical demand patterns d. establishing a policy on discounts and rebates

Business