Which of the following is TRUE when a partner withdraws his interest from the partnership?
A) He is obliged to pay a bonus to the existing partners.
B) The existing partners are obliged to pay a bonus to the withdrawing partner.
C) The partner';s capital account will be closed.
D) He must get the book-value of his interest.
C) The partner';s capital account will be closed.
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Select the question that can be used to identify a manager's level of task performance leadership.
A. Is your superior concerned about your future benefits, such as promotions and pay raises? B. To what extent does your superior give you instructions and orders? C. Do you think your superior trusts you? D. Does your superior treat you fairly? E. Can you talk freely with your superior about your work?
Entrepreneurs view problems as a(n)________.
A. roadblock B. opportunity C. hurdle D. challenge
The modified DuPont formula relates the firm's return on total assets (ROA) to its ________
A) return on equity (ROE) B) operating leverage multiplier C) net profit margin D) total asset turnover
If an individual does not have an advance directive, which of the following is able to petition a court for withdrawal of life support?
A)?Spouse B)?Pastor or priest C)?Physician D)?All of the above