Cerulean, inc., coral, inc., and crimson, inc., form the three cs partnership on january 1 of the current year. cerulean is a 50% partner, and crimson and coral are 25% partners. for reporting purposes, crimson uses a fiscal year with an october 31 year-end, coral uses the calendar year, and cerulean uses a fiscal year with a february 28/29 year-end. in general terms, how is the required taxable year determined (no calculations required)? explain. if the required taxable year is, for example, october 31, what alternative tax years could the new partnership consider?

Which is cheaper: eating out or dining in? the mean cost of a flank steak, broccoli, and rice bought at the grocery store is $13.04 (money.msn website, november 7, 2012). a sample of 100 neighborhood restaurants showed a mean price of $12.75 and a standard deviation of $2 for a comparable restaurant meal. a. develop appropriate hypotheses for a test to determine whether the sample data support the conclusion that the mean cost of a restaurant meal is less than fixing a comparable meal at home. b. using the sample from the 100 restaurants, what is the p-value? c. at a = .05, what is your conclusion? d. repeat the preceding hypothesis test using the critical value approach