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:
See below
Explanation:
1. Returns on assets
= Annual net income ÷ Average total assets
Average total assets = beginning asset + ending assets ÷ 2
= ($80 million + $88 million) ÷ 2
= $84 miiliom
Return on assets = $13.4 million ÷ $84 million
Return on assets = $159.52
2. Profit margin
= Net income ÷ Net sales
= $13.4 million ÷ $114 million
= 11.75%
3. Assets turnover ratio
= Net sales ÷ Average total assets.
Recall Average total assets = $84 million
Average turnover ratio
= $114 million ÷ $84 million
= 1.36 times
Answer: $4,400 Loss Amortization
Explanation:
At the start of the year x9, Fox Inc's projected benefit obligation exceeds the fair value of plan assets. Therefore, we we will have to amortize the unrecognized gain or losses over the remaining services period which is 15 years.
Unrecognized net losses = $396,000
Less: Exceeding = (330,000)*
Excess 66,000
Divide by remaining service 66,000/15 = $4,400
*Exceeding = beginning projected benefit obligation (3,300,000) x 10% = 330,000
The process that individuals or groups go through to select, purchase, use, and dispose of goods, services, ideas, or experiences to satisfy their needs and desires is known as Consumer Behavior.
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Explanation</u>
:</h3>
The process that deals with the study of how the individuals and the organisations selects, purchases and uses and disposes the goods and services is the consumer behavior. These are done for the satisfaction of their wants and needs. The main thing that is associated with the consumer behavior is the motivation and psychology of the purchasing person.
It deals with the activities of the consumers in purchasing a particular product or services and the motivations that is responsible for that selection of the product. The consumer behaviors can be classified as habitual buying,complex buying variety-seeking buying and dissonance-reducing buying.