When an international sale is made, the parties often set forth in their contract which country's law will govern a dispute
Indicate whether the statement is true or false
True
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After closing the temporary owners' equity accounts into Income Summary, and after allocating the net income and closing the partners' drawing accounts, assume the partners' capital accounts had credit balances as follows: Boswell, $40,000; Aikido, $60,000; Cooke, $55,000 . Partners share profits and losses as follows: Boswell, 20%; Aikido, 30%; and Cooke, 50%. If Cooke retired and withdrew
$65,000 in settlement of his equity and settlements are allocated according to capital interests, the amount entered in Aikido's capital account would be a a. $4,000 debit. b. $4,000 credit. c. $6,000 debit. d. $6,000 credit.
Direct costs are assignable directly to a particular ________.
Fill in the blank(s) with the appropriate word(s).
In a constant service time model, both the average queue length and average waiting time are halved
Indicate whether the statement is true or false
Compatibility management:
A. Is unrelated to the implementation of customer participation strategies B. Is a process for managing the customer mix C. Does not coalesce well with the drama metaphor used to describe services D. Is only of value in internal marketing E. Creates a homogeneous employee pool