Which of the following is true about franchising as an entry strategy?
A) It provides firms with minimum control over foreign operations.
B) It is an ownership-based international business activity.
C) It restricts a firm's ability to expand more rapidly abroad.
D) It is typically characterized as an unstable, short-term entry strategy.
C
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X, Y, and Z have capital balances of $30,000, $15,000, and $5,000, respectively, in the XYZ Partnership. The general partnership agreement is silent as to the manner in which partnership losses are to be allocated but does provide that partnership profits are to be allocated as follows: 40% to X, 25% to Y, and 35% to Z. The partners have decided to dissolve and liquidate the partnership. After paying all creditors, the amount available for distribution will be $20,000. X, Y, and Z are individually solvent. Z will
A. Receive $7,000. B. Receive $12,000. C. Personally have to contribute an additional $5,500. D. Personally have to contribute an additional $5,000.
When placing a graphic into a document, be sure to check to see how the insertion _________________
a. appears on paper and on screen b. affects readers c. affects the surrounding text d. affects overall page count