The admission of a partner does not change the composition of partners' equity if the new partner purchases the old partner's interest by paying the old partner directly
Indicate whether the statement is true or false
True
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Shelly is aware of a phenomenon known as the recency effect. How can she use this to her advantage in a job interview?
A. She can focus on making a good first impression. B. She can remember the middle of the interview is just as memorable as the first and last actions. C. She can end on a positive note by showing interviewer she appreciates his or her time. D. The recency effect does not apply to job interview situations.
Which of the following is correct regarding the implication of taxes on profits?
a. Before–tax profit = After–tax profit × (tax rate ? 1) b. After–tax profit = Before–tax profit × (tax rate ? 1) c. After–tax profit = Before–tax profit × (1 ? tax rate) d. Before–tax profit = After– tax profit × (1 ? tax rate)
Explain how electronic data interchange (EDI) and just-in-time (JIT) inventory management might be used in combination to improve physical distribution effectiveness and efficiency.
What will be an ideal response?
For twenty years, Maynardworks for Natural Gas Wells, Inc, which employs more than five hundred persons in two states. Natural Gas Wells drills for and mines natural gas to sell and transport to refineries, which in turn pipes liquefied gas to other
states. Maynard starts as an unskilled worker in the drilling fields. After a career of positive job evaluations and pay raises, Maynardis ultimately promoted to the position of chief of maintenance for a dozen wellheads. Five years later, a new employee, Oberto, is hired to oversee operations at all of the wellheads. Obertodemotes Maynard, who is now over the age of forty, and freezes his salary. Obertodemotes five other employees over the age of forty and places Maynard under the supervision of Pitt, who is twenty-three. Maynard overhears Pitt say, "We're going to have to do away with these oldmen.". Maynard quits and files a suit against Natural Gas Wellsfor employment discrimination. Should he prevail? Explain.