Answer:
B) False
Explanation:
If a partner transfers his partnership stake to a third party, that act by itself does not result in the dissolution of the partnership. If the other partners agree, McClendon will become a new partner and is entitled to participate in the management of the business, as all other partners are.
Answer:
A. $26,100
B. $15,660
Explanation:
Calculation to determine Logan recognized gain
A. Based on the information given in a situation where Johnathan's land is worth the amount of $123,975, Logan's recognized gain will be the amount of $26,100 which is the lesser of the amount realized as gain ($156,600 realized amount − $130,500 adjusted basis = $26,100) or the fairmarket value of the boot received amount of ($32,625)
Therefore Logan recognized gain will be $26,100
B. Based on the information given Ina situation were Johnathan's land is worth the amount of $140,940, Logan's recognized gain will be the amount of $15,660, the lesser of th amount realized as gain ($156,600 realized amount − $130,500 adjusted basis = $26,100) or the fairmarket value of the boot received of the amount of ($15,660).
Therefore Logan recognized gain will be $15,660
Answer:
Functional Departmentalization
Explanation:
Functional departmentalization can be termed as the type of departmentalization in which departments of an organisations are separated from one another on the basis of work, tasks and function carried out by them.
For example: Production department, Human Resource Management department, Marketing department, finance department, Procurement department, Production department etc. Each and every department is specialized in performing and carrying out the tasks related to its core assigned functions and tasks.
Explanation:
In that question, the answer is that a move to a product team structure would lead to greater efficiency or effectiveness would depend on the type of product or service the organization offers. Its structure must be developed so that its objectives and goals are more effectively achieved. In a functional structure, for example, which operates in the form of specific departments formed by people who use the same knowledge, tools or techniques to carry out a job, the product team's structure would not be as efficient and effective because all efforts of the divisions of a company with a functional structure are to offer the same product or service, through a system of systematized activities that integrate the organizational whole.
Answer:nonfinancial ethical performance.
Explanation:Ethics in business refers to moral behavior when dealing with the company's customers, employees and vendors. All companies focus on the financial aspects of buisness which is the profit and loss.
Nonfinancial ethical performance is therefore the performance not related to financial aspects of buisness but can affect a company's structure in the short end long run.
It is necessary to consider the nonfinancial ethical performance for investment purposes. Nonfinancial ethical performance arises from compliance of legislation, standard best practices, welfare of staff, relationship with clients which are important for internal decision making. When all these performance s are not met they may affect a buisness in the short and long run.
