The CRT partnership has decided to terminate operations and to liquidate the partnership assets. There are no partner loans, and all partners have positive capital balances. Gains and losses on liquidation and cash distributions to partners should be allocated as follows: Gains and LossesCash DistributionsA)In profit and loss ratioBased on capital balancesB)Based on capital balancesIn profit and loss ratioC)In profit and loss ratioIn profit and loss ratioD)Based on capital balancesBased on capital balances
A. Option A
B. Option B
C. Option C
D. Option D
Answer: A
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An asset with a market value of $100,000 is leased on January 1 . 2014 . Five annual lease payments are due each January 1 beginning January 1 . 2014 . The lessee guarantees the $40,000 residual value of the asset as of the end of the lease term on December 31 . 2018 . The lessor's implicit interest rate is 8%. What is the annual lease payment?
a. $18,227 b. $16,877 c. $23,191 d. $25,046
A store using an everyday low-pricing (EDLP) strategy does which of the following?
A) relies on its pricing strategy to create its competitive advantage and engages in a price war if necessary to maintain the advantage B) has weekly sales C) sets prices between the list price the manufacturer suggests and the deeply discounted price stores that compete on price alone offer D) positions itself as an anchor store in a shopping center E) eliminates customer service in order to maintain low prices
Which of the following statements is true when creating a corporation in the United States?
A) Each of the 50 states has a general incorporation statute that stipulates the articles of incorporation to be used in that state. B) Incorporation is a federal matter and requires the recording of articles of incorporation with the U.S. Secretary of State. C) Corporations cannot be created without the enactment of a local ordinance in the city or county where the corporate headquarters is to be located. D) Corporations are created by private agreement and do not require the filing of any documents with a government official.
Rounding non-integer solution values up to the nearest integer value will result in an infeasible solution to an integer linear programming problem
Indicate whether this statement is true or false.