Eric christie and johnnie pitt organize a partnership. their partnership agreement states that christie will receive two-thirds of the partnership income or loss and pitt will receive the remaining one-third. on january 2, the two partners agree to accept peter morgan as a partner with a 10% interest if morgan invests $50,000 cash. at the time of morgan's admission, the partnership`s accounting records show that christie has recorded equity of $210,000 and pitt has recorded equity of $60,000. the bonus that will be allocated to christie as a result of this transaction (rounded to the nearest dollar) is:

Elon musk is the ceo of tesla motors. musk also serves as chairman of tesla's board. according to corporate governance theory, which of the following is a logical reason why musk should serve on the board? 1. he serves on many other boards, including that of a major client of tesla.2. his is an independent director who is well positioned to monitor the company's management.3. he can easily fire board members that are shirking their duties.4. he can provide the board with valuable inside information about the firm and the industry.

How do communism and socialism differ in terms of the role that government plays in the economy ?

Aproduction line has three machines a, b, and c, with reliabilities of .96, .86, and .85, respectively. the machines are arranged so that if one breaks down, the others must shut down. engineers are weighing two alternative designs for increasing the line’s reliability. plan 1 involves adding an identical backup line, and plan 2 involves providing a backup for each machine. in either case, three machines (a, b, and c) would be used with reliabilities equal to the original three. a. compute overall system reliability under plan 1. (round your intermediate calculations and final answer to 4 decimal places.) reliability b. compute overall system reliability under plan 2. (round your intermediate calculations and final answer to 4 decimal places.) reliability c. which plan will provide the higher reliability? plan2plan1