After a Falcon's Lair customer injures himself while rock climbing, the firm should handle the situation by ________
A) waiting to respond to Internet stories
B) concealing specific details from connectors
C) paying the customer's medical bills
D) blaming the equipment manufacturer
E) swiftly communicating with stakeholders
E
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The following information relates to Bloomberg Manufacturing's overhead costs for the month
Static budget variable overhead $14,200 Static budget fixed overhead $5,600 Static budget direct labor hours 1,000 hours Static budget number of units 5,000 units Bloomberg allocates manufacturing overhead to production based on standard direct labor hours. Bloomberg reported the following actual results for last month: actual variable overhead, $14,500; actual fixed overhead, $5,400; actual production of 4,700 units at 0.22 direct labor hours per unit. The standard direct labor time is 0.20 direct labor hours per unit. Compute the variable overhead efficiency variance. (round the answer to the nearest dollar) What will be an ideal response
D, E, F, and G formed a general partnership. Their written partnership agreement provides that the profits will be divided so that D will receive 40%; E, 30%; F, 20%; and G, 10%. There is no provision for allocating losses. At the end of its first year, the partnership has losses of $200,000. Before allocating losses, the partners' capital account balances are D, $120,000; E, $100,000; F, $75,000; and G, $11,000. G refuses to make any further contributions to the partnership. Ignore the effects of federal partnership tax law. What is G's share of the partnership losses?
A. $9,000 B. $20,000 C. $39,000 D. $50,000