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Justin and Michael form a limited partnership and start a car dealership. Justin is the general partner and Michael is the limited partner. Seven months after the commencement of the business, Pedro makes an investment and wishes to become a general partner. A week later, Michael's mother wishes to join the partnership as a limited partner. Which of the following is true in this scenario? A. Pedro cannot become a general partner to the partnership after the business has commenced. B. Pedro cannot become a general partner to the partnership as a limited partnership can only have one general partner. C. Michael's mother cannot become a limited partner to the partnership as a limited partnership can only have one limited partner. D. Both Pedro and Michael's mother can choose to become either general or limited partners to the partnership.
Suppose the hospital currently buys trays in batches of 200. What is the annual saving achieved by adopting the optimal policy of part a? ($144)
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The cost to place also process an order from the supplier is $75. The Corporation operates 300 days per year also the lead time to receive an order from the supplier is 2 working days. Find out the economic order quantity.
What is best launch strategy for a service business to teach a specific methodology to students to improve their financial future. What are implications on Black market efficiency.
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