Asset restructuring involves the sale of ________ assets, or even whole lines of businesses that are peripheral.
A. productive
B. unproductive
C. inefficient
D. efficient
Answer: B
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Franco and Jason share income and losses in a 2:1 ratio after allowing for salaries of $15,000 and $30,000 . If the partnership suffers a $15,000 loss, by how much would Jason's capital account increase?
a. $10,000 b. $20,000 c. $40,000 d. $25,000
For medium distances, quicker delivery times are provided by ______.
a. air transport b. sea transport c. truck transport d. pipeline
In the automobile industry during the late 1980s and early 1990s, the order-winning quality criterion was ______.
a. quality b. cost c. volume d. materials used
A transfer of some portion of a contract's rights and corresponding duties means that:
A) Rights are assigned and duties are delegated. B) Rights and duties are never permitted to be assigned. C) Duties are assigned and rights are delegated. D) Rights and duties are discharged.