Dominic and Morgan are partners. Dominic has a capital balance of $360,000 and Morgan has a capital balance of $225,000. Morgan sells $125,000 of his ownership to Lance. Which of the following is TRUE of the items in the balance sheet?
A) The total equity decreases by $125,000.
B) The total equity remains unchanged.
C) Assets will decrease by $125,000.
D) Assets will increase by $125,000.
B) The total equity remains unchanged.
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Positive feelings are more likely to lead the parties toward more distributive processes.
Answer the following statement true (T) or false (F)
Consider the estimated aggregate demand for a company’s ski product line for the upcoming year in the following table. Calculate the inventory holding costs for the month of March using the level production strategy. Assume the regular time production cost as $200/pair of skis, the average monthly inventory holding cost as $20/pair of skis per month, and the beginning inventory for January is 8,000 units.
A. $5,000
B. $7,500
C. $10,000
D. $20,000
Describe Psychology Professor Mihaly Csikszentmihalyi’s Polarity of Creative Individuals.
What will be an ideal response?
Tim received a letter from his state college stating that he had been expelled from the school. The letter stated his finance professor reported him to the Dean's office for cheating and that a committee had decided to expel him. He was reminded in the
letter he had been disciplined earlier that same year for plagiarizing a term paper. Tim believes his due process rights have been violated by the college. Discuss what factors should be considered to determine the validity of Tim's claim.