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I. Business Entities-Partnerships and Corporations Assume your company (Kroger Company) is involved in a major lawsuit and the probable damages are estimated to be $2,000,000.
A. Describe the effects damage estimates would have on the financial statements of a corporation and a partnership.
B. How do disclosure requirements differ from a corporation to a partnership and what information is required?
C. Are the shareholders at risk for any personal liability with the company set up as a corporation? Defend your response.
D. If your company was set up as a partnership, would the partners be at risk for personal liability? Defend your response.
Identify the company's assets, where is the most money spent and how should the budget activities be regulated?
Discuss the differences between vertical and horizontal analysis. Which would you prefer? Why or why not?
Which BPM software would you select and why? Identify the vendor, the name of the software package and several of the features that you thought that would be most beneficial to your company?
Certify authorship of your work, using Certificate of Originality coversheet posted in the Course Materials forum. This is required for all formal assignments.
A check was issued for 98.05 to replenish the petty cash fund. A total of 1.95 is all that remains in the petty cash box at this time. All of the receipts have been accounted for and the summary below shows the following expenditures have been made f..
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On January 1, 2016, the Diamond Association issued bonds with a face value of $300,000, a stated rate of interest of 6%, and a 10-year term to maturity Interest is payable in cash on December 31 of each year. Determine the amount of the discount on t..
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