In a partnership liquidation, if a partner has a debit capital balance in his or her capital account, he or she is responsible for contributing personal assets sufficient to eliminate the deficit
Indicate whether the statement is true or false
True
You might also like to view...
Gary Hirshberg started the Stonyfield Farm yogurt company. His marketing strategy: building a casual bond with customers using guerilla marketing. This is an example of formulated marketing
Indicate whether the statement is true or false
Discuss formal and informal marketing strategies and give examples of companies that follow these strategies
What will be an ideal response?
In the EOQ model, if quantity discounts are offered, then ______.
A. the EOQ may not result in the lowest total annual cost B. it does not make any difference, as the EOQ will always result in the lowest total annual cost C. the EOQ model with the quantity discounts will always give a lower total annual cost than the EOQ model without quantity discounts D. the quantity discounts should be taken
A customer must provide ____ mailing address when completing a claim
A) his B) her C) their D) ?his or her