When a partner withdraws from the partnership by selling his or her interest back to the partnership, the remaining partners must pay the withdrawing partner a specified amount from their personal assets

a. True
b. False

Indicate whether the statement is true or false

False

Business

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Research and development costs

a. are intangible assets. b. may result in the development of a patent. c. are easily identified with specific projects. d. all of the above.

Business

For a given product demand, the time-series trend equation is 53 - 4x. The negative sign on the slope of the equation:

A) is a mathematical impossibility. B) is an indication that the forecast is biased, with forecast values lower than actual values. C) is an indication that product demand is declining. D) implies that the coefficient of determination will also be negative. E) implies that the cumulative error will be negative.

Business