Limited partners do not participate in the management of the partnership

Indicate whether the statement is true or false

TRUE

Business

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A company produces 100 microwave ovens per month, each of which includes one electrical circuit

The company currently manufactures the circuits in-house but is considering outsourcing the circuits at a contract cost of $30 each. Currently, the cost of producing circuits in-house includes variable costs of $24 per circuit and fixed costs of $6,000 per month. Assume the company could eliminate all fixed costs by outsourcing and that there is no alternative use for the facilities presently being used to make circuits. If the company outsources, operating income will ________. A) increase by $600 B) decrease by $3,000 C) decrease by $600 D) increase by $5,400

Business

Which of the following vacation plans provides an increase in the number of weeks of vacation according to length of service?

a. graduated plan b. uniform plan c. ratio-to-work plan d. funded plan

Business