Luisa, Lois, and Lucy Operate a Boutique Named Mariabelle's Dreams

question 84

Multiple Choice

Luisa, Lois, and Lucy operate a boutique named Mariabelle's Dreams. Based on advice from Luisa's sister, an accountant, the three form a partnership. Luisa owns 40% and Lois and Lucy each own 30%. For the year, Mariabelle's Dreams reports the following: What amount will Mariabelle's Dreams report to Luisa as her ordinary income from the partnership?

• A) $54,000
• B) $54,400
• C) $54,800
• D) $55,600
• E) $ 56,000

Recognize the impact of labor laws on employee involvement plans and nonunion representation.

Identify changes in the business environment since the 1970s and their effects on work organization.

Describe strategies for fostering change within organizations.

Comprehend the role and goals of job control unionism.

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Definitions:

Class Inclusion Tasks

Cognitive tasks that assess a person's ability to understand that one category or class can include several different subcategories simultaneously.

Seriation

Placing objects in an order or series according to a property or trait.

Linear Thinking

A thought process that follows a straight, direct path to reach a conclusion or solution, often focusing on sequential steps.

Causality

The relationship between a cause and its effect, where one event is understood to be a consequence of the other.