Employee referrals provide a rich source of good applicants for many small firms.
Answer the following statement true (T) or false (F)
True
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Xavier and Yolanda have original investments of $50,000 and $100,000, respectively, in a partnership. The articles of partnership include the following provisions regarding the division of net income: interest on original investment at 20%; salary allowances of $27,000 and $18,000, respectively; and the remainder to be divided equally. How much of the net income of $81,000 is allocated to Xavier?
a. $37,000 b. $40,000 c. $42,000 d. $42,500
Of the team roles, which one is the broadest?
A. Leading B. Doing C. Thinking D. Socializing
Parents who cosign a contract with a minor have the same option to disaffirm.
Answer the following statement true (T) or false (F)
Given the following data, what is the break-even point in units?Total fixed cost = $120,000Variable cost per unit = $0.60Selling price per unit = $1.10
A. 240,000 B. 100,000 C. 218,182 D. 200,000 E. 50,000