Six equal partners own a local pizzeria. The partners have made a tremendous profit and bought many personal items such as cars, boats, new homes, and so on. In order to protect their personal possessions, they decide to incorporate the pizzeria, so that the six partners own shares in the corporation and have limited liability. The business is worth $675,000. After an accident, the partners lose a lawsuit and have to pay $1.2 million in damages. How much money will each partner personally lose to pay this lawsuit

While information systems can be used to gain a strategic advantage, they have inherent risks. hershey foods, for example, crippled its halloween sales when its complex is system failed to support its supply and inventory needs during peak production season. this is an example of which specific is risk

Grace period is a period of time before the credit card company starts charging late fees.truefalse

Dahlia enterprises needs someone to supply it with 127,000 cartons of machine screws per year to support its manufacturing needs over the next five years, and you’ve decided to bid on the contract. it will cost you $940,000 to install the equipment necessary to start production; you’ll depreciate this cost straight-line to zero over the project’s life. you estimate that in five years, this equipment can be salvaged for $77,000. your fixed production costs will be $332,000 per year, and your variable production costs should be $11.00 per carton. you also need an initial investment in net working capital of $82,000. if your tax rate is 30 percent and your required return is 11 percent on your investment, what bid price should you submit? (do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))