16. The difference between a general partner and a limited partner is

a. General partners are members of the family and limited partners are outsiders.

b. General partners are the ones who started the business and limited partners are those added on later

c. Limited partners have unlimited liability for the losses of the business but general partners do not.

d. General partners have unlimited liability for the losses of the business but limited partners do not.

e.Limited partners actually run the business and general partners stay out of it.

0. 17. Divine Fruit Company has an Internal Growth Rate of 11% and a Sustainable Growth Rate of 11%. This means that
1. Divine Fruit Company is holding too much cash on its balance sheet.
2. Divine Fruit Company has no debt on the balance sheet.
3. Divine Fruit Company is more profitable than most companies in the fruit industry.
4. Divine Fruit Companys management is particularly effective.
5. Divine Fruit Company is a publicly traded company.