1. A major advantage of the partnership form is that the personal assets of the partners are protected from creditors in case of legal action- False 2. A partnership is considered an “entity” for accounting purposes- True 3. “Mutual agency” means that one partner can legally bind all the other partners to a contract if it appears that he or she is acting appropriately- True 4. Partners are taxed on their drawings regardless of their share of the income. False 5. If a partnership agreement
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CHEMICAL PROCESS PRINCIPLES (CEN 1022) Tutorial 3 : Process Variables 1. The specific gravity of gasoline is approximately 0.70. a) Determine the mass (kg) of 50.0 liters of gasoline. b) The mass flowrate of gasoline exiting a refinery tank is 1150kg/min. Estimate the volumetric flow rate in litres/s. 3. How many of the following are found in 15.0kmol of benzene(C6H6)? a) kg C6H6 b) mol C6H6 c) Ib-mol C6H6 d) mol (g-atom) C e) mol H f) g C g) g H h) molecules
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Using MIS 4e Chapter 1 The Importance of MIS This Could Happen to You: “You’re Fired” Jennifer lacks skills FlexTime needs Abstract reasoning skills Systems thinking skills Scenario Video Collaboration skills Experimentation skills Copyright © 2012 Pearson Education‚ Inc. Publishing as Prentice Hall 1-2 Chapter Preview “But today‚ they’re not enough.” Do you find that statement sobering? If timely‚ hard work isn’t enough‚ what is? We’ll begin this book by discussing the
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FIN 612 Managerial Finance Week One Assignment Your assignment for this week is to complete the following questions and problems from Chapter 1. Please submit your complete assignment in the course room by the due date. Chapter 1 Questions (1-1) Define each of the following terms: a. Limited partnership-a partnership in which limited partners’ liabilities‚ investment returns‚ and control are limited; general partners have unlimited liability. Limited liability partnership-
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CHAPTER 14 OPTIONS AND CORPORATE FINANCE Answers to Concepts Review and Critical Thinking Questions 1. A call option confers the right‚ without the obligation‚ to buy an asset at a given price on or before a given date. A put option confers the right‚ without the obligation‚ to sell an asset at a given price on or before a given date. You would buy a call option if you expect the price of the asset to increase. You would buy a put option if you expect the price of the asset to decrease. A
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Chapter 1 Lecture Earth: An Introduction to Physical Geology Eleventh Edition An Introduction to Geology Tarbuck and Lutgens © 2014 Pearson Education‚ Inc. The Science of Geology • Geology is the science that pursues an understanding of planet Earth • Physical geology examines Earth materials and seeks to understand the many processes that operate on our planet • Historical geology seeks an understanding of the origin of Earth and its development through time © 2014 Pearson Education‚ Inc
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E -11 DM 5 DL 4 VMO 3 FMO = 180‚000/50‚000 = 3.6 Total = 15.6 15.6 * 5‚000 (50‚000-45000) = 78‚000 E-12 DM 5 DL 4 VMO 3 Cost per unit = 12 $ EIV = 12 * 5000 = 60‚000 E-13 Difference 3.6 * 5000 = 18‚000 And 78‚000 – 60‚000 = 18‚000 E-14 CGS sold = 45000(sold) * 15.60 = 702‚000 E15 12 * 45000 = 540‚000 E16 Sales = 30 * 45‚000 = 1‚350‚000 CGS 702‚000 CM 648‚000 Less S & admin. 160‚000 Net income 488‚000 E17 Sales =
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range of sources of finance available to Fort Sport Ltd. These can include raising funds through a combination of finance areas. Please identify at least three sources. Fort Sport Ltd is a small private company who began trading in April 2013. The company supplies fitness products online to the public and specialising in mid range sporting goods and equipment. In 2014‚ it wishes to increase its activity in the market and as such need to identify a variety of options for finance. As a manager of
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Managerial Economics Introduction Economic principles inform good business decision making. Although economics is sometimes dismissed as a discourse of practical relevance to only a relatively small circle of academicians and policy analysts who call themselves economists‚ sound economic reasoning benefits any manager of a business‚ whether they are involved with production/operations‚ marketing‚ finance‚ or corporate strategy. Along with enhancing decision making‚ the field of economics provides
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chapter 1 BUSINESS ETHICS‚ THE CHANGING ENVIRONMENT‚ AND STAKEHOLDER MANAGEMENT |TOPICS COVERED | 1.1 Business Ethics and the Changing Environment 1.2 WHAT IS BUSINESS ETHICS? WHY DOES IT MATTER? 1.3 LEVELS OF BUSINESS ETHICS 1.4 FIVE MYTHS ABOUT BUSINESS ETHICS 1.5 WHY USE ETHICAL REASONING IN BUSINESS? 1.6 CAN BUSINESS ETHICS BE TAUGHT AND TRAINED
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