Your choices
are:
a. Sole Proprietorship
b. Joint Venture
c. Partnership
d. Limited Partnership
e. Limited Liability Company
f. Corporation
Freda is a stay-at-home mom whose youngest child just started
first grade. Freda would like to earn extra money while her kids
are at school. She wants a flexible schedule because she likes
being available to volunteer at the school when needed. While
searching the Internet, Freda discovers Sugar-Girl, a cosmetic
company that will sell her cosmetics at a reduced rate and allow
her to resell...
1.
The advantages of a corporation compared to a sole
proprietorship or partnership include:
2.
Preferred stock is called preferred because it usually has two
preferences over common stock. These preferences relate to:
3.
When a company issues 34,000 shares of $5 par value common stock
for $50 per share, the journal entry for this issuance would
include:
4.
Environmental Designs issues 5,000 shares of its $1 par value
common stock at $10 per share. (1) Record the issuance of...
Your sole proprietorship or partnership is growing, and you plan
to establish a corporation. Explain the advantages, process for
incorporation, and your options for corporate financing.
PLEASE DO NOT COPY AND PASTE OTHER STUDENT WORK THAT WAS
SUBMITTED BEFORE.
MINIMUM 200 WORDS.
THANK YOU
Define the following types of business ownership. Sole
Proprietorship Partnership Corporation Limited Liability
Company
For each type of ownership listed in #1 above, list the pros
(advantages) and cons (disadvantages). Be sure to pay close
attention to owner liability and tax treatment for each type of
business ownership.
Forms of Business Organization
Sole Proprietorship
Partnership
Corporation
If you had the opportunity to start an entirely new Business
Organization, which of the three forms of Business Organizations
listed above would you choose? Please discuss why you chose the
form of Business Organization you selected, the "positives" and
"negatives" associated with your choice, and reasons why you did
not choose one of the other two forms of Business
Organizations.
Write 250 Words