Partners Ken and Macki each have a $40,000 capital balance and share income and losses in a ratio of 3:2 . Cash equals $20,000, noncash assets equal $120,000, and liabilities equal $60,000 . If the noncash assets are sold for $50,000, and each partner is personally insolvent, Partner Macki will eventually receive cash of
a. $0
b. $10,000
c. $12,000
d. $20,000
b
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A small town has 5,600 residents. The residents in the town were asked whether or not they favored building a new bridge across the river. You are given the following information on the residents' responses, broken down by sex.
Men Women Total In Favor1,400 280 1,680 Opposed 840 3,080 3,920 Total2,240 3,360 5,600 Let:M be the event a resident is a man W be the event a resident is a woman F be the event a resident is in favor P be the event a resident is opposed? a.Find the joint probability table.b.Find the marginal probabilities.c.What is the probability that a randomly selected resident is a man and is in favor of building the bridge?d.What is the probability that a randomly selected resident is a man?e.What is the probability that a randomly selected resident is in favor of building the bridge?f.What is the probability that a randomly selected resident is a man or in favor of building the bridge?g.A randomly selected resident turns out to be male. Compute the probability that he is in favor of building the bridge. What will be an ideal response?
Keeping the brand in a customer's mind during off-seasons is most likely a goal of ________ advertising
A) reminder B) attack C) informative D) covert E) competitive
What did USC experience as proof that its community collaboration efforts and receipt of the College of the Year award boosted the university’s image, resulting in a positive financial impact?
a. It received additional grant money from public contributors. b. It received multiple discounts from community businesses. c. Its student applications and enrollments increased. d. Because of its reputation, new recruits were willing to accept employment at lower starting salaries.
Nonrefundable tax credits are allowed to reduce or totally eliminate a taxpayer's tax liability but any credits in excess of the tax liability are lost.
Answer the following statement true (T) or false (F)