Pascal and Robert need to decide whether to operate their business as a general partnership or private limited company. They have received the following advice from consultant but they are not sure that the advice is accurate.

1. A private limited company may offer its shares for sale to the public, so it is easier to raise new finance as such a company rather than as a general partnership

2. If a general partner dies then, in the absence of contrary agreement, the partnership ceases to exist, whereas a private limited company has perpetual succession

Identify whether each statement made by the consultant is accurate or not accurate

A. 1. Accurate 2. Not accurate

B. 1. Not accurate 2. Accurate

C. 1. Accurate 2. Accurate

D. 1. Not accurate 2. Not accurate

Conduct a Pareto analysis for the number of minutes that flights are late in the accompanying data. Interpret the results. Click the icon to view the Atlanta Airline Data. Conduct a Pareto analysis for the number of minutes that flights are late. (Type an integer or decimal rounded to two decimal places as needed.) Cumulative Time Cumulative % Time Cumulative % Difference Difference Flights 5 10 15 20 25 30 35 40 45 50 55 60 65 70 11 1 | 2 11 2 T 2 11 | 2314 2319 100 75 80 85 90 95 100 Atlanta Airline Data Flight Number 1896 1926 1924 2009 373 1032 2016 1790 28 1908 1920 1617 2088 409 1899 543 1982 151 1140 1914 Origin Airport DEN DFW DFW EWR RDU PHX JAX SAT MCO DEN DFW MEM IAH CLT RIC DFW SLC PBI DFW Scheduled Arrival Time 05:56 19:15 16:30 11:13 08:44 19:40 13:09 16:40 14:10 18:10 14:03 16:09 12:42 08:48 08:51 08:42 08:35 15:25 20:49 10:08 Print ..... Actual Arrival Time 06:17 02:44 04:23 15:33 09:09 22:18 15:35 17:15 14:15 18:44 14:35 16:36 13:10 09:17 13:16 09:11 09:02 15:50 20:55 10:13 Done Time Difference (Minutes) 21 449 713 260 25 158 146 35 5 34 32 27 28 29 265 29 27 25 6 5 Taxi-in Time (Minutes) 0 6 13 8 12 9 9 8 10 13 7 10 13 12 8 7 19 16 12 39 9 T