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The following describe several different business organizations. Determine whether the description refers to a sole proprietorship, partnership, or corporation.
a. Ownership of Zander Company is divided into 1,000 shares of stock.b. Wallingford is owned by Trent Malone, who is personally liable for the company's debts.c. Micah Douglas and Nathan Logan own Financial Services, a financial services provider. Neither Douglas nor Logan has personal responsibility for the debts of Financial Services.d. Riley and Kay own Speedy Packages, a courier service. Both are personally liable for the debts of the business.e. IBC Services does not have separate legal existence apart from the one person who owns it.f. Physio Products does not pay income taxes and has one owner.g. AJ pays its own income taxes and has two owners.
On October 1, 2011, $2,500,000 of these bonds were converted into 35,000 shares of $15 par common stock. Accrued interest was paid in cash at the time of conversion.
On February 12, 2002, Nancy Trout and Delores Lake formed Kingfisher Corporation to sell fishing tackle.
Describe two business sectors you might want to work in if you were an accountant and explain why in 150 to 200 words.
assume there is a well-financed one-year-old company in the biotech industry that is concentrating on developing
The CEO paid $1220 for an expensive dinner and spent $600 for the game. What is the deductible amount of these expenses?
pag inc. is a clothing retailer and it has terms from one of its vendors of 110 n30. compute the equivalent annual rate
Identify, define, and discuss the 6 elements of a contract, providing examples to help further the understanding of each element.
you are cfo of goforit inc. a wholesale distribution company specializing in emerging technologies. your ceo is a
j.q. adams co. had beginning inventory of 50 units with a total cost of 1000. during the period. j.q. adams first
Question 1: What are some of the legal and regulatory influences on discretionary benefits?
compare and contrast the while loop and the for loop.your discussion should identify the similarities differences
Wayne applies manufacturing overhead cost to jobs based on direct labor-hours, and the predetermined rate is $5.75 per direct labor-hour.
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