Singer and McMann are partners in a business. Singer's original capital was $40,000 and McMann's was $60,000. They agree to salaries of $12,000 and $18,000 for Singer and McMann respectively and 10% interest on original capital. If they agree to share remaining profits and losses on a 3:2 ratio, what will McMann‘s share of the income be if the income for the year was $30,000?

a ___________ consists of workers who are trained to do all or most of the jobs in a work unit, have no direct supervisor, and do their own day-to-day supervision

a. continuous improvement team b. self-managed team c. quality circle d. top-management team

Investors ________ for estimating the WACC

A) are indifferent between using market and book value B) prefer book value to market value C) prefer market value to book value D) prefer a mix of book and market value