Which of the Following Is True of Profits and Losses

question 20

Multiple Choice

Which of the following is true of profits and losses of an LLC whose operating agreement does not contain profit or loss sharing clauses?

• A)A member who invests 10 percent capital must bear 10 percent of the losses.
• B)A member who invests 30 percent of the capital receives 30 percent of the profit.
• C)A member who invests 40 percent of the capital receives 20 percent share in profit.
• D)All members receive equal shares in profits regardless of capital contributed.

Evaluate the financial and strategic considerations behind divestitures and their impact on firm value.

Understand the public perception of science and technology's impact on society.

Recognize theories and concepts related to technology failure and determinism.

Comprehend the evolution of societal attitudes towards scientists and technological advancements.

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Definitions:

United States

A country located in North America, known for being the world’s largest economy and a federal republic consisting of 50 states and a federal district.

Real GDP

Inflation-adjusted Gross Domestic Product, offering a clearer view of an economy's actual size and its growth trajectory over periods.

Growth Rate

A measure of the increase in size, number, value, or strength of a variable over a specific period of time.

Productivity

The measure of how efficiently goods and services are produced, often evaluated as the output per unit of input, such as labor or capital.