CBRE is a large real estate company with offices all over the world. A key part of their marketing strategy is to hold networking events each month. Instead of managing these events themselves, CBRE outsources event planning and management to small, independent vendors in each city. Which of the following statements are true about CBRE’s outsourcing strategy? a. It is likely less expensive to outsource the planning of local events than to have event planners on staff.
b. Since all of these events are local, there is no real advantage to creating a large, centralized planning department at CBRE.
c. These event planning companies are competitors to CBRE.
d. This type of outsourcing is why large companies employ more than 75% of the private workforce in the U. S.

On december 31, 2016, the decarreau, andrew, and bui partnership had the following fiscal year-end balance sheet: cash $10,000accounts receivable $20,000inventory $25,000plant assets - net $30,000loan to decarreau $18,000total assets $103,000accounts payable $14,000loan from bui $15,000decarreaua, capital (20%) $32,000andrew, capital (10%) $23,000bui, capital (70%) $19,000total liab./equity $103,000the percentages shown are the residual profit and loss sharing ratios. the partners dissolved the partnership on january 1, 2017, and began the liquidation process. during july the following events occurred: * receivables of $18,000 were collected.* all inventory was sold for $15,000.*all available cash was distributed on january 31, except for$8,000 that was set aside for contingent expenses.the book value of the partnership equity (i.e., total equity of the partners) on december 31, 2016 isa. $58,000b. $71,000c. $66,000d. $81,000