Give an example from the chapter of a company/organization that benefited from "management walking around."

The income statement begins with revenue and subtracts various operating expenses until arriving at Earnings Before Interest and Taxes. Next, interest expense is subtracted to find the ________ for the period

A) EBIT B) after-tax income C) net income D) taxable income

Each partner has an interest in the partnership, which includes his share of profits and losses, his right to receive distributions, and his management rights

a. True b. False Indicate whether the statement is true or false