In which of the following situations will the inference of the existence of a partnership be drawn from the receipt of profits of a business?
A) Where payments of a debt are made to a creditor in installments from the profits of the partnership
B) Where wages are paid to an employee who is not also an owner
C) Where an annuity is paid to the widow of a deceased partner from partnership profits
D) Neither the creditor, the employee, nor the widow in these situations will be considered a partner under the guidelines in the RUPA.
D
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Sawaddee Enterprises began the year with total assets of $450,000 and total liabilities of $230,000 . If Sawaddee total liabilities increased by $31,000 and its owners' equity decreased by $53,000 during the year, what was the amount of its total assets at the end of the year?
a. $472,000 b. $242,000 c. $198,000 d. $428,000
IP spoofing
a. combines the messages of multiple users into a "spoofing packet" where the IP addresses are interchanged and the messages are then distributes randomly among the targeted users. b. is a form of masquerading to gain unauthorized access to a web server. c. is used to establish temporary connections between network devices with different IP addresses for the duration of a communication session. d. is a temporary phenomenon that disrupts transaction processing. It will resolve itself when the primary computer completes processing its transaction and releases the IP address needed by other users.
Manipulation of a person, considered as a process of subtle direction or management, does not entail total control of that person.
Answer the following statement true (T) or false (F)
How is the contribution margin calculated?
What will be an ideal response?